Sony Hikes PS5 Price on Rising Interest Rates in Europe, Japan and Britain

Sony Hikes PS5 Price in Europe, Japan and Britain

Sony Group Corp (6758.T) said on Thursday it was hiking the price of its PlayStation 5 games console in markets including Europe, Japan and Britain following economic pressures including rising interest rates.

Sony said it is raising the price of the disk drive-equipped version of the console to 549.99 euros ($550.81) from 499.99 euros previously in Europe with a similar hike in Japan.

The Japanese entertainment conglomerate said there would be no price increase in the United States.

Source: Reuters