• Sony is raising the suggested retail price of its PS5 console in a number of countries.
• The company cites fluctuating currency values and rates of inflation as the reason for the price hike.
• In Japan, the console will cost an additional 10,000 or so.

The Play Station 5 (PS5) from Sony is already difficult to buy and getting more expensive by the day in Pakistan.

The price of the next-generation console (digital edition) in the nation is currently around Rs 180,000, a significant increase from Rs 90,000 around a year ago. Unfortunately, this is not the end of it for gamers.

Jim Ryan, the CEO of Sony Interactive Entertainment, has stated on his blog that the business is increasing the official PS5 price in a few areas owing to “difficult economic conditions.”

He claimed that in light of fluctuating currency values and rates of inflation around the world, the corporation was forced to make a difficult choice. However, American customers won’t be impacted.

In Canada, Mexico, Europe, the UK, the Middle East, Africa (EMEA), Latin America, China, Australia, and Japan, Sony is raising the suggested retail price of its console.

In Japan, the modification will take effect on September 15. A price increase of €50 in Europe and £30 in the UK will be applied to both the disc and digital editions for the PS5. In Japan, the console will cost an additional 10,000 or so.

The price of the PS5 in Europe is currently €449.99 for the disc edition and €549.99 for the digital edition. This suggests that in Pakistan, we should anticipate the console to cost more than Rs 200,000.

We might possibly see a stunning price tag of Rs 250,000 or more given that it now costs approximately Rs 230,000 in some outlets.

According to Ryan, increasing the PlayStation’s availability so that more people can access it is still Sony’s top focus right now. He claimed that “given the current global economic situation,” the price hike is essential.

The CEO continued, saying that although Sony would be able to increase production in May of next year, it might not be enough to keep up with the soaring demand across the globe.

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