Sony has announced that it is raising the price of the PS5 in the US. The price increase of $50 affects all PS5 models and will come into effect from 21st August.

Similar to many global businesses, we continue to navigate a challenging economic environment. As a result, we’ve made the difficult decision to increase the recommended retail price for PlayStation 5 consoles in the U.S. starting on August 21.

The updated recommended retail price for PlayStation 5 consoles in the U.S. are as follows:

• PlayStation 5 – $549.99
• PlayStation 5 Digital Edition – $499.99
• PlayStation 5 Pro – $749.99

Sony stated that its prices for PS54 accessories are unchanged, and that there are no price changes to announce for additional markets.

The PS5 has already seen price rises in other markets, with the UK getting its own hike back in April this year. Australia and New Zealand also got the news back then that they'd have to pay more to own a PS5.

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