PS5 price to increase in select markets due to global economic environment, including high inflation rates
New recommended retail price coming to select markets in the EMEA, APAC, and LATAM regions, plus Canada.
blog.playstation.com
Sony blames "high global inflation rates, as well as adverse currency trends" for the RRP increase in Europe, UK, Japan, China, Australia, Mexico, and Canada (there's no increase for the United States).
Retailers are still selling PS5 consoles (new and pre-owned) for inflated prices.