Sony has announced an increase in the recommended retail prices (RRPs) for PlayStation 5 consoles across Europe, Australia, and New Zealand, citing the current challenging economic environment, including high inflation rates and fluctuating exchange rates, as the driving factors behind this decision.
The new price adjustments were officially confirmed via a post on the PlayStation Blog and will take effect from April 14. Here are the updated RRPs:
Europe:
- PS5 Digital Edition – €500 (The standard PS5 with disc drive remains unchanged)
UK:
- PS5 Digital Edition – £430 (The standard PS5 with 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 follows similar RRP hikes implemented in 2022, making the PS5 significantly more expensive in many regions compared to its initial launch prices.
In Europe and the UK, the PS5 Digital Edition has seen a €100/£70 increase from its launch price of €400/£360. In Australia, the standard PS5 has risen by AUD $80 from AUD $750, while the digital edition has increased by AUD $150 from AUD $600. New Zealand's standard PS5 has gone up by NZD $130 from NZD $820, and the digital version has seen an increase of NZD $210 from NZD $650.
However, there's a silver lining for those interested in the PS5 disc drive, as its RRP is being reduced to €80/£70/AUD $125/NZD $140.