Sony has announced a price increase for PlayStation 5 consoles across Europe, Australia, and New Zealand, effective from April 14. The decision comes in response to "a challenging economic environment, including high inflation and fluctuating exchange rates," as stated in a post on PlayStation Blog.
Here are the new recommended retail prices (RRPs):
Europe:
- PS5 Digital Edition – €500 (No change for the standard PS5 with disc drive)
UK:
- PS5 Digital Edition – £430 (No change for the standard PS5 with disc drive)
Australia:
- Standard PS5 with disc drive – AUD $830
- PS5 Digital Edition – AUD $750
New Zealand:
- Standard PS5 with disc drive – NZD $950
- PS5 Digital Edition – NZD $860
Notably, the price of the PS5 Pro remains unchanged.
This adjustment marks a continuation of similar RRP hikes made in 2022, resulting in significantly higher costs for the PS5 in many regions compared to its initial launch prices. In Europe and the UK, the PS5 Digital Edition now costs €100 and £70 more than at launch, rising from €400 and £360, respectively. In Australia, the standard PS5 has increased by AUD $80 from its launch price of AUD $750, while the digital edition has seen a AUD $150 hike from AUD $600. New Zealand's standard PS5 is now NZD $130 more than its launch price of NZD $820, and the digital version has increased by NZD $210 from NZD $650.
However, the RRP for the PS5 disc drive is being reduced to €80/£70/AUD $125/NZD $140.
