Sony recently announced a price increase for the PlayStation 5 in some regions, and many thought it would only be a matter of time before Microsoft did the same for the next generation of Xbox consoles.
But, unlikely for rival Sony, Microsoft says it will keep current pricing for next-gen versions of the Xbox. In a statement to WindowsCentral, the company says it is indeed monitoring current economic conditions, but does not currently expect price increases for the Xbox Series X or Xbox Series S.
“We are constantly evaluating our activities to provide our fans with an exceptional gaming experience. The MSRP for the Xbox Series S remains at €300 and for the Xbox Series X at €500,” a company spokesperson said.
Sony blames economy for PS5 price hike
In a statement earlier this week, Sony explained that economic conditions and inflation are making it difficult for the company to keep PS5 prices flat. Therefore, in some regions, including Europe, the prices of the PlayStation 5 will increase. In Europe, for example, the price of the digital edition will be 449.99 euros, and the disc version will be 549.99 euros.
“The global economic environment is a challenge that many of you around the world are no doubt familiar with. We are seeing high rates of inflation as well as unfavorable monetary trends that are impacting consumers and putting pressure on many industries,” Sony explained in a statement. “Due to these difficult economic conditions, SIE has made the difficult decision to increase the Recommended Retail Price (RRP) of the PlayStation 5 in certain markets in Europe, the Middle East and Africa (EMEA), Asia Pacific (APAC), Latin America (Latin America) as well as Canada. There will be no price increase in the US.”