Sony has announced an increase in the recommended retail prices (RRPs) for PlayStation 5 consoles in Europe, Australia, and New Zealand, citing the challenging economic environment, including high inflation and fluctuating exchange rates, as the driving force behind this decision. The new pricing was officially confirmed through a post on the PlayStation Blog.

Effective from April 14, the new RRPs are as follows:

• Europe:

  • PS5 Digital Edition – €500 (No change for the standard PS5 with disc drive)

• UK:

  • PS5 Digital Edition – £430 (No change for the standard PS5 with disc drive)

• Australia:

  • Standard PS5 with disc drive – AUD $830
  • PS5 Digital Edition – AUD $750

• New Zealand:

  • Standard PS5 with disc drive – NZD $950
  • PS5 Digital Edition – NZD $860

Notably, the price of the PS5 Pro remains unchanged.

This follows a similar pattern of price increases implemented in 2022, making the PS5 significantly more expensive in many regions than at its initial launch. In Europe and the UK, the PS5 Digital Edition has seen a €100/£70 increase from its launch price of €400/£360. In Australia, the standard PS5 is now AUD $80 more than its launch price of AUD $750, while the digital edition has risen by AUD $150 from AUD $600. In New Zealand, the standard PS5 is NZD $130 more than its launch price of NZD $820, and the digital version has increased by NZD $210 from NZD $650.

However, there is a silver lining for those interested in the PS5 disc drive, as its RRP is being reduced to €80/£70/AUD $125/NZD $140.