Sony has announced an increase in the recommended retail prices (RRPs) for PlayStation 5 consoles in Europe, Australia, and New Zealand, effective from April 14. The company attributes these adjustments to the current "challenging economic environment," which includes high inflation rates and fluctuating exchange rates. This information was officially confirmed via a post on the PlayStation Blog.
Here are the new RRPs for the PS5:
Europe:
- PS5 Digital Edition – €500 (The price for the standard PS5 with disc drive remains unchanged)
UK:
- PS5 Digital Edition – £430 (The price for the standard PS5 with disc drive remains unchanged)
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 unaffected by these changes.
This marks the second round of price increases for the PS5, following similar RRP hikes in 2022. As a result, the PS5 is now significantly more expensive in several regions compared to its initial launch prices. In Europe and the UK, the PS5 Digital Edition has seen a €100/£70 increase from its launch price of €400/£360. In Australia, the standard PS5 has risen by AUD $80 from AUD $750, and the digital edition by AUD $150 from AUD $600. In New Zealand, the standard PS5 is now NZD $130 more expensive than its launch price of NZD $820, while the digital version has increased by NZD $210 from NZD $650.
Interestingly, the RRP for the PS5 disc drive is being reduced to €80/£70/AUD $125/NZD $140, providing a slight relief in the context of these overall price hikes.
