Sony cites global economic issues for the price increase, but says the United States won’t be affected.

The United States is, however, unaffected.

Below is a breakdown of the new prices for both PS5 versions across affected regions.

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Other increases are immediate.

It also gives “some advantage” to Microsoft in the console sales race, the analyst said.

As for Microsoft, the company hasconfirmed it is not raising Xbox prices.

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“As such, this move hands some advantage to Microsoft,” Harding-Rolls said.

For its part, Nintendo has said itwill not increase the price of the Switchdespite rising costs.

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