Sony explained in its blog post that the price increase will affect select markets across Europe, the Middle East, and Africa (this is also known as EMEA). Asia-Pacific (APAC), Latin America (LATAM), and Canada are all going to see a price hike as well. One key market remains without any changes, however: the United States will keep the same prices as before. Sony didn’t divulge why that will be the case.
The company also revealed the new prices, and unfortunately, the increase is rather substantial. Europeans can expect to spend up to €50 more on a console than before; the PS5 with the Ultra HD Blu-ray disc drive will now cost €550 as opposed to the previous price of €499.99, while the Digital Edition went up from €399.99 to €449.99. Customers in the U.K. will now have to spend £479.99 on the Blu-ray version and £389.99 on the Digital Edition, while those in Australia will have to shell out $799.95 AUD and $649.95 AUD, respectively.
In China, the prices will go up to ¥4,299 Chinese yuan for the Blu-ray version and ¥3,499 Chinese yuan for the Digital Edition, while in Mexico the prices will be set at $14,999 MXN and $12,499 MXN. Canadians will now have to pay $649.99 and $519.99, respectively. All of these changes are already in place. Japan is seeing a staggered price change, but starting on September 15, 2022, local customers will have to pay ¥60,478 yen and ¥49,478 yen for the Blu-ray and Digital Edition PS5 consoles.