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 decision comes in response to the current "challenging economic environment," which includes high inflation rates and fluctuating exchange rates. The new prices were officially confirmed via a post on the PlayStation Blog.
Here are the updated RRPs:
Europe:
- PS5 Digital Edition – €500 (The price for the standard PS5 with a disc drive remains unchanged)
UK:
- PS5 Digital Edition – £430 (The price for the standard PS5 with a 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
It's worth noting that the price of the PS5 Pro has not been affected by these changes.
This move follows similar RRP increases implemented in 2022, making the PS5 significantly more expensive in several 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 increase from AUD $600. In New Zealand, the standard PS5 is now NZD $130 more expensive than its launch price of NZD $820, and the digital version has gone up by NZD $210 from NZD $650.
Interestingly, the RRP for the PS5 disc drive is being reduced to €80/£70/AUD $125/NZD $140, offering some relief amidst the general price hikes.