Sony has announced an increase in the recommended retail prices (RRPs) for PlayStation 5 consoles across various regions, including Europe, Australia, and New Zealand, effective from April 14. This decision comes in response to the "challenging economic environment," characterized by high inflation and fluctuating exchange rates, as stated in a post on the PlayStation Blog.
Here are the new RRPs for the PS5 models:
Europe:
- PS5 Digital Edition – €500 (No change for the standard PS5 with disc drive)
UK:
- PS5 Digital Edition – £430 (No change for the standard PS5 with disc drive)
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 remains unchanged.
These adjustments follow similar RRP increases implemented in 2022, resulting in significantly higher prices for the PS5 in many regions compared to its initial launch. Specifically, in Europe and the UK, the PS5 Digital Edition is now €100/£70 more expensive than at launch (previously €400/£360). In Australia, the standard PS5 has increased by AUD $80 from its launch price of AUD $750, while the digital edition has risen by AUD $150 from AUD $600. In New Zealand, the standard PS5 is now NZD $130 more than its launch price of NZD $820, and the digital version has gone up by NZD $210 from NZD $650.
However, the RRP for the PS5 disc drive is seeing a reduction to €80/£70/AUD $125/NZD $140.