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Sony has announced that it will increase the price of its latest console, PlayStation 5 (PS5), in different regions of the world due to the "high rates of global inflation" affecting the economy of these countries.
The company has ensured that video game consoles will be more expensive in five selected markets in Europe, the Middle East and Africa, as well as in Asia-Pacific, Latin America, and Canada.
On the contrary, PS5 players in the United States will be able to continue purchasing the console at the same price as currently, as this country will be exempt from this increase in rates, as stated by the company in a statement.
This increase in the official price, which affects both the PS5 Digital Edition and the one that includes support for Blu-ray, is already in effect in Europe, the United Kingdom, China, Mexico, Canada, and Australia, while in Japan prices will change from September 15th onwards.
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In Europe, the most advanced edition of the console, with support for physical games, will be available for purchase for $549, which is $50 more than the current price. On the contrary, the exclusive cloud gaming edition will be available for sale for $448 ($100 more than before).
The PS5 Ultra HD with Blu-ray slot in the UK member countries will be available for £479.99, compared to the £389.99 of the standard edition.
In China, the advanced version of the console will cost 4,299 yuan, and the digital version will cost 3,499 yuan, while in Japan, the first will have a price of 60,478 yen, and the simpler version will be released on the market for 49,478 yen, with taxes included in both cases.
Sony will also increase the price of the console in Australia to $799.95 for the model with Blu-ray and $649.95 for the PS Digital Edition.
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Mexico (with 14,999 pesos for the most advanced console and 12,499 pesos for the standard edition) and Canada (649.99 dollars with a slot for physical games and 519.99 for cloud titles) complete the list of countries and regions that will see price increases for the PS5.
The Japanese company has justified that this increase in recommended prices (RPP, for its acronym in English) has been made based on the "high rates of global inflation" being experienced "around the world".
It has also stated that this "difficult decision" is due to "adverse changing trends" that affect consumers and, in turn, "generate pressures in many industries".
Finally, it has indicated that this price increase "is a necessity" and that its main priority "remains improving the situation of PS5 supply".