Sony to increase PS5 price citing global economic developments 

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PlayStation 5 console - Photo from the official PlayStation website
ANKARA - Sony will increase the retail price of its PlayStation 5 video game console in select markets because of global economic developments such as inflation the CEO of Sony Interactive Entertainment said Thursday.

"We’re seeing high global inflation rates as well as adverse currency trends impacting consumers and creating pressure on many industries," Jim Ryan wrote in a blog according to Anadolu Agency (AA).

The rise in the price will be effective in select markets across Europe, the Middle East and Africa, Asia-Pacific, Latin America, and Canada.

There will be no increase in the US. - BERNAMA