Sony hikes PlayStation 5 console prices for Europe, UK and Australia citing economic turmoil

LONDON (AP) — Sony said it will raise prices starting Monday for some PlayStation 5 video game consoles in Europe, Australia and New Zealand, citing global economic turmoil.

The company unveiled the price hikes of at least 10%, saying it was a “tough decision” amid the “backdrop of a challenging economic environment, including high inflation and fluctuating exchange rates.”

The recommended retail price for a PS5 Digital Edition will go up to 499 euros ($570) in Europe, according...