Sony Raises PlayStation 5 Price In Europe, Australia, New Zealand, And More

Four years into a console's life cycle is typically around the time its producer will permanently decrease the console's price. Yesterday, Sony announced it was doing the exact opposite, raising the price of the PlayStation 5 in Europe, Australia, New Zealand, the Middle East, and Africa. The announcement on the PS Blog does not give a single concrete reason for the price hike, instead citing "a challenging economic environment, including high inflation and fluctuating exchange rates." While sim...