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August 25, 2022
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PlayStation 5: reasons why Sony will raise the price of the console

PlayStation 5: reasons why Sony will raise the price of the console

the japanese group Sony announced that its popular console PlayStation 5 (PS5) will be sold more expensive in most markets, except the US, due to inflation and adverse currency effects.

(See: Colombians are pessimistic about the economy of the country and their homes).

The price of the PS5 in Europe will rise 10%, to 549.99 euros (more than 2.4 million pesos), for the console with a disc reader, and 12.5%, to 449.99 euros (almost 2 million pesos), for its digital version, according to a statement published on the official PlayStation blog.

Prices went up too”with immediate effect” in the United Kingdom, China, Australia, Mexico and Canada, while in Japan they will not go up until September 15.

The regions Asia Pacific, Latin America, Middle East and Africa will also be affected.

(See: The Colombian people who are happy about the increases in the dollar).

Sony attributed the increases to “high global inflation rates and adverse currency trends“.

Given these challenging economic conditions, Sony made the difficult decision to increase the PS5’s recommended retail price in certain markets.“, said in a statement Jim Ryan, president of Sony Interactive Entertainment.

(See: Increase the minimum 25%? Effects that would generate an increase of that style).

He did not detail the reason why Sony did not include the United States in the increases, despite the fact that the world’s leading economy also faces strong inflation.

Ryan recalled that Sony’s priority remains improving the production of its PS5 consoles, which suffers from continuous supply chain disruptions, which often make it difficult for consumers to access these products.

(See: How are the ‘avalanche’ and ‘snowball’ methods to pay off debts).

AFP

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