Sony has announced that the PlayStation 5 will see a major price increase in a handful of markets. Most notably, the price hike will impact Europe, the United Kingdom, Canada, China, Australia, Mexico, and the company’s home market of Japan. Across these markets, both the Digital Edition and the version with a disc drive are going up between 5% to 12.5% in price.
The reasoning behind that decision? Sony says that high global inflation rates, adverse currency trends, and, in general, increasingly challenging economic circumstances forced it to bump prices up....