PS5 price increase announced by Sony for select regions, India not impacted

Sony has announced a price hike on the PlayStation 5 gaming console in select regions due to the increased tariffs announced by the US President Donald Trump. Sony while justifying these price hikes in its blog wrote, “With a backdrop of a challenging economic environment, including high inflation and fluctuating exchange rates, Sony Interactive Entertainment has made the tough decision to raise the recommended retail price (RRP) of the PlayStation 5 console in select markets in Europe, Middle East and Africa (EMEA), Australia and New Zealand.”