Sony has announced that it will raise the prices of PlayStation 5 consoles, with the changes taking effect on Thursday, August 21.
The company cited “a challenging economic environment,” which appears to refer to recent tariffs on imported products. The price increase is about $50 in the United States, bringing the PlayStation 5 to $549.99, the PlayStation 5 Digital Edition to $499.99, and the PlayStation 5 Pro to $749.99. On July 31, the White House announced a 15 percent tariff on products imported from Japan.
Sony stated that it does not plan to adjust prices in other countries or increase the cost of accessories. However, earlier in April, the company raised PlayStation console prices in Europe, Australia, and New Zealand due to the same economic challenges.
In some regions, Sony had also increased console prices in 2022 because of inflation, though U.S. customers were not affected at that time.
Other gaming companies have also announced price changes in response to the tariffs. Microsoft revealed in May that it would raise console prices by $80 to $100 and increase the prices of some games, controllers, and accessories. Meanwhile, Nintendo has increased the prices of certain accessories for the new Nintendo Switch 2 console but has not changed the console price itself.
This adjustment makes the PlayStation 5 more expensive in the U.S. as global economic pressures and tariffs continue to impact technology pricing.
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