Sony is raising the recommended retail prices of PlayStation 5 consoles across Europe, Australia, and New Zealand. The company cites “a challenging economic environment, including high inflation and fluctuating exchange rates” as the catalyst for the increase. The price increases were confirmed via a post on PlayStation Blog.

Sony has raised the price of most of its PlayStation 5 console hardware in the UK, Europe, Australia, and New Zealand by 10-15 percent, blaming “a challenging economic environment.” With rising US import costs thanks to tariffs likely a contributing factor, an equivalent price rise in the US is probably on the way.