PS5 Price Increases Again in Europe, Australia, New Zealand

Sony has announced an increase in the recommended retail prices (RRPs) for PlayStation 5 consoles across several regions due to the challenging economic conditions, including high inflation rates and fluctuating currency values. This decision was detailed in a recent post on the PlayStation Blog.

Effective from April 14, the new pricing for the PS5 will be as follows:

• Europe: The PS5 Digital Edition will now cost €500, while the price of the standard PS5 with a disc drive remains unchanged.
• UK: The PS5 Digital Edition's new price is set at £430, with no change for the standard PS5 with a disc drive.
• Australia: The standard PS5 with a disc drive will be priced at AUD $830, and the PS5 Digital Edition at AUD $750.
• New Zealand: The standard PS5 with a disc drive will cost NZD $950, and the PS5 Digital Edition will be NZD $860.

It's worth noting that the price of the PS5 Pro remains the same, providing some consistency for those interested in the higher-end model.

These price adjustments follow a similar pattern to the RRP increases implemented in 2022, making the PS5 significantly more expensive in many areas compared to its initial launch prices. In Europe and the UK, the PS5 Digital Edition is now €100 and £70 more expensive, respectively, than at launch (previously €400 and £360). In Australia, the standard PS5 has seen an increase of AUD $80 (from AUD $750), and the digital edition has risen by AUD $150 (from AUD $600). Meanwhile, in New Zealand, the standard PS5 is now NZD $130 more than its launch price of NZD $820, and the digital version has increased by NZD $210 (from NZD $650).

Interestingly, the RRP for the PS5 disc drive component is actually decreasing to €80, £70, AUD $125, and NZD $140, offering a slight relief to those looking to upgrade their console.