PS5 Prices to Increase in Select Territories

Sony Interactive Entertainment has made an official announcement in regards to PS5 price changes.

PS5 Prices Are Changing

SIE President and CEO Jim Ryan has officially announced the increase of prices for their latest console, the PS5. The price increase has been rumored for a long time now by the gaming community and its critics. Now, it has now been confirmed by the CEO, and just like what everyone speculated, the reason for the price change was due to high global inflation rates.

Inflation Rates and Adverse Currency Trends

Aside from high global inflation rates, Ryan revealed that SIE had to increase the price due to adverse currency trends, which have now impacted consumers and created pressure on many industries. The recommended retail price (RRP) of the PS5 in select markets across Europe, Middle East, Africa, Asia-Pacific, Latin America, and Canada. No increase in prices in the United States.

New prices will be in effect immediately.

New Prices

Western and Others

• Europe
  • PS5 with Ultra HD Blu-ray disc drive – €549.99
  • PS5 Digital Edition – €449.99
• UK
  • PS5 with Ultra HD Blu-ray disc drive – £479.99
  • PS5 Digital Edition – £389.99
• Japan (effective Sept. 15, 2022)
  • PS5 with Ultra HD Blu-ray disc drive – ¥60,478 yen (including tax)
  • PS5 Digital Edition – ¥49,478 yen (including tax)
• China
  • PS5 with Ultra HD Blu-ray disc drive – ¥4,299 yuan 
  • PS5 Digital Edition – ¥3,499 yuan
• Australia
  • PS5 with Ultra HD Blu-ray disc drive – AUD $799.95
  • PS5 Digital Edition – AUD $649.95
• Mexico
  • PS5 with Ultra HD Blu-ray disc drive – MXN $14,999
  • PS5 Digital Edition – MXN $12,499
• Canada
  • PS5 with Ultra HD Blu-ray disc drive – CAD $649.99
  • PS5 Digital Edition – CAD $519.99

Southeast Asia

• Singapore
  • PS5 with Ultra HD Blu-ray disc drive – SGD 799
  • PS5 Digital Edition – SGD 669
• Malaysia
  • PS5 with Ultra HD Blu-ray disc drive – MYR 2,499
  • PS5 Digital Edition – MYR 2,069
• Indonesia
  • PS5 with Ultra HD Blu-ray disc drive – IDR 9,699,000
  • PS5 Digital Edition – IDR 8,199,000
• Thailand
  • PS5 with Ultra HD Blu-ray disc drive – THB 18,690
  • PS5 Digital Edition – THB 15,690
• Philippines
  • PS5 with Ultra HD Blu-ray disc drive – PHP 30,790
• Vietnam
  • PS5 with Ultra HD Blu-ray disc drive – VND 15,990,000

The PS5 is available in Digital Edition and Ultra HD Blu-Ray Disc Drive Edition.