Sony hikes PS5 price on rising interest rates

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TOKYO: Sony Group Corp said on Thursday it was hiking the price of its PlayStation 5 games console in markets including Europe, Japan and Britain following economic pressures including rising interest rates.

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Sony said it is raising the price of the disk drive equipped version of the console to 549.99 euros ($550.81) from 499.99 euros previously in Europe with a similar hike in Japan.

The Japanese entertainment conglomerate said there would be no price increase in the United States. ($1 = 0.9985 euros) - Reuters