Sony plans a price hike on the PlayStation 5

Sony officially announced that the PlayStation 5 is about to become more expensive in most markets. It’s bumping the price up due to “challenging economic conditions” and its ongoing supply problems.

The company listed out the new retail prices for the console in Europe, the UK, Japan, China, Australia, Mexico and Canada in a blog post. The only major market that Sony explicitly said would not receive a price increase is the United States.