Sony Confirms PlayStation 5 Price Increase Amid Tariffs
Sony confirms a PlayStation 5 price increase as tariffs drive costs higher, raising concerns for gamers about console affordability.
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Sony Confirms PlayStation 5 Price Increase Amid Tariffs Sony Increases PlayStation 5 Price Amid New Tariffs Rising tariffs are driving up the cost of popular gaming consoles, and Sony has confirmed a price increase for the PlayStation 5. Starting August 21, the new retail prices will reflect a $50 hike, pushing the standard PlayStation 5 to $549.99, the Digital Edition to $499.99, and the PlayStation 5 Pro to $749.99. The company attributes this change to a challenging economic environment, where import tariffs are directly affecting production and distribution costs. For gamers in the U.S., this marks one of the first major console price shifts since launch, making affordability a growing concern. Image Credits:Akio Kon/Bloomberg / Getty Images Why Sony Is Raising PlayStation 5 Prices The main driver behind the PlayStation 5 price increase is the newly imposed 15% tariff on imported products from Japan. This has added significant pressure on manufacturing expenses, forcing Sony to adjust its pricing. While the company previously increased pri…