Sony has increased prices on its PlayStation 5 console by roughly 10-15% in Europe, the UK, Australia, and New Zealand. Starting today, the PS5 Digital Edition will cost €499.99 in Europe, up from €449;

With the change now in effect, the PS5 Digital Edition in Europe is priced at €499.99, up from €449. In the UK, it rises to £429.99 from £389. Australian buyers will now pay AUD $749.95, which marks an $80 increase, while in New Zealand, the console now sells for NZD $859.95 - over $200 more than before, according to PC Mag report.

Sony is raising the recommended retail prices of PlayStation 5 consoles across Europe, Australia, and New Zealand. The company cites “a challenging economic environment, including high inflation and fluctuating exchange rates” as the catalyst for the increase. The price increases were confirmed via a post on PlayStation Blog.