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The PS5 just got a price hike in Canada, Europe, more regions

Fortunately, US consumers won't see a hike for now.
By
August 25, 2022
PS5 PlayStation 5 controller 1
Hadlee Simons / Android Authority
TL;DR
  • Sony has announced a PS5 price hike for various regions.
  • The increase doesn’t affect US consumers, though.
  • The company blamed the global economy for the price bump.

Sony’s PS5 doesn’t come cheap, starting at $399 for the Digital version and $499 for the standard model. Now, the PlayStation maker has announced that several regions will see a price hike due to the “global economic environment.”

Sony announced that the digital and standard PS5 models will see price increases in Australia, Canada, China, Europe, Japan, Mexico, and the UK. You can find the new prices below.

Digital PS5Standard PS5
Australia
Digital PS5
AU$649.95
Standard PS5
AU$799.95
Canada
Digital PS5
CAD$519.99
Standard PS5
CAD$649.99
China
Digital PS5
3,499 yuan
Standard PS5
4,299 yuan
Europe
Digital PS5
€449.99
Standard PS5
€549.99
Japan
Digital PS5
49,478 yen
Standard PS5
60,478 yen
Mexico
Digital PS5
12,499 pesos
Standard PS5
14,999 pesos
UK
Digital PS5
£389.99
Standard PS5
£479.99

For what it’s worth, the European pricing was previously pegged at €399 and €499 respectively. Meanwhile, the UK price was originally set at £359 and £449.

These aren’t the only regions set to receive price hikes though, as the company noted that several markets in EMEA, APAC, and LATAM regions not listed here could receive a hike too (referring consumers to their local retailers). There’s good news for the US though, as the company confirmed that the PS5 won’t receive a price hike there.

“We’re seeing high global inflation rates, as well as adverse currency trends, impacting consumers and creating pressure on many industries,” Sony nevertheless said when justifying the price increase for other regions.

The news comes roughly a year after the company apparently confirmed that the standard PS5 was no longer being sold at a loss. However, the Digital version was still sold at a loss at the time.