Sony has announced a worldwide increase in the price of its PlayStation 5 console, with a price increase of 400 yuan in its Chinese line — except for the United States. In Europe, the console’s price has risen by a whopping 50 euros (about 341.5 yuan). The price change applies to both the digital and Ultra HD Blu-ray Disc drive versions. The move led many buyers to fear that the Xbox console would soon increase in price as well, but those people can now breathe a sigh of relief.
According to Windows Central, a statement released by Microsoft has confirmed that there are no plans to raise the price of the Xbox and that its suggested retail price will remain the same regardless of the currency straight.
"We are constantly evaluating the business to provide our fans with great gaming options. the Xbox Series S MSRP remains at $299 (£250, €300) and the Xbox Series X at $499 (£450, €500)."
It is important to note that Microsoft says it has no plans to increase prices at this time, but that does not mean that prices will not increase in the future. This is likely to be a short-term guarantee.
Sony said the difficult decision was made in response to “the current global economic environment and its impact on the SIE business”. The company cited high global inflation and unfavorable currency trends as the reasons behind the move, but stressed that it will continue to address supply chain issues so that more gamers have access to its latest consoles.
