:max_bytes(150000):strip_icc()/GettyImages-2174642001-7c0d40dcce034337895f4f060266bd85.jpg?w=1920&resize=1920,1267&ssl=1 "Sony Raises PS5 Prices in Europe Due to ‘Challenging Economic Environment’")
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key takeaways
- Sony announced a price hike on PS5 console in Europe, Australia and New Zealand.
- The company cited a “challenging economic environment”, but did not directly mention the tariff of the Trump administration.
- Sony did not immediately respond to a request for comment whether it is planning to increase the PS5 prices in the US as well.
Sony (Sony) has raised the prices of Playstation 5 in international markets including Europe, Australia and New Zealand, which cited “challenging economic environment”, including “high inflation and ups and elegant exchange rates,”. ,
The cost of the PS5 digital version is now 429.99 pounds ($ 567) in the UK and 499.99 euros ($ 568) in Europe, there is an increase of 40 pounds and about 50 euros respectively, respectively, BBC Informed In Australia and New Zealand, the price of both PS5 digital version and standard PS5 increased with Ultra HD Blu-ray disc drive console.
Sony did not especially address a broad tariff of the Trump administration, which included the initial 24% import tax on goods from Sony’s home country Japan when declared on 2 April. Since then it has been stopped and has been replaced with 10% baseline tariff. According to industry tracker Eurogamemer, video-game console is also not currently subject to tariff discounts for smartphones, computers and semiconductors.
Soni did not respond immediately Investopedia It is requested to comment on whether it is planning to increase the PS5 prices in the US. The US-list stocks increased by 2.2% in recent trading and increased 40% in the last 12 months.
