Sony has raised the price of the PlayStation 5 Digital Edition for the second time in several regions, including the UK, Europe, Australia, and New Zealand. The new pricing is effective immediately and is a pretty significant increase from the consoleโs original launch cost, and there’s nowhere but up from here.
In Europe, the PlayStation 5 Digital Edition now costs โฌ499.99 ($570), up โฌ50 from its previous price of โฌ449.99. The original launch price was โฌ399.99, bringing the total increase since release to โฌ100. In the UK, the console will now retail for ยฃ429.99 ($567), up ยฃ40 from the prior ยฃ389.99. At launch, it was priced at ยฃ359.99, meaning the total increase is now ยฃ70.
Australia and New Zealand are also seeing increases across both Digital and Standard PlayStation 5 models. In Australia, the Digital Edition is now priced at $749.95 AUD ($475), compared to $649.95 previously and $599.95 at launch. The Standard Edition has risen to $829.95 AUD, up from $799.95 and $749.95 before that.
Of course, Sony realizes that these price hikes are going to hit sales and reduce buying intent, and so, the price of the PS5 Disc Drive is being reduced in some regions. In the UK, the standalone disc drive will now cost ยฃ69.99, while in Europe it will be available for โฌ79.99.
According to Isabelle Tomatis, vice president of global marketing at Sony Interactive Entertainment, the decision to raise prices was driven by economic challenges, including inflation and fluctuating exchange rates. Couple that with the tariffs, and this shouldn’t come as a shock. In a statement shared via the official PlayStation Blog, Tomatis said the updated recommended retail prices would apply to select markets in Europe, the Middle East, Africa, Australia, and New Zealand.
Sony noted that additional markets in the EMEA region may also be affected, though no specific countries were named. The US market has once again avoided a price hike, as it did during the last round of increases in August 2022. At that time, both the Digital and Standard editions of the PlayStation 5 saw higher prices across several countries, including Japan, Canada, and Mexico.
While the US hasnโt received a direct price increase, Sony did launch the Slim version of the PS5 Digital Edition in the region at a higher price pointโ$449โcompared to the $399 launch price of the original model. And it is only a matter of time until Sony and Microsoft up the price of consoles in the US since only laptops, PCs, and smartphones are safe from tariffs, not gaming consoles.