#PlayStation 5 price

Sony has just announced on their PlayStation Blog that they will be effectively and immediately increasing the recommended retail price (RRP) of the PlayStation 5 (PS5) in the Philippines and in other regions. This is a price hike of almost PHP 3,000 from its initial price of PHP 27,990 when it was introduced back in 2020.   Sony has said that the price hike is due to the current global economic environment with high global inflation rates and adverse currency trends that have impacted consumers in many industries including Sony. Sony has also introduced price increases for the PS5 in other major markets such as Europe, the UK, Japan, China, Australia, Mexico, Canada, and other nations in Southeast Asia. However, Sony has stated that there is no price increase in effect for the PS5 being sold in the United States. According to Sony, the special offer will cover purchases of the PlayStation VR with PlayStation Camera, DUALSHOCK 4 Wireless Controllers (selected colors) and selected PlayStation 5 and PlayStation 4 software from August 23 to September 5. Offers are available at all PlayStations Authorized Dealers and Sony Stores while stocks last. Note that this is open to buyers within the Philippines only, and cannot be combined with other PlayStation promos. Read more in our articles including "Sony to increase PS5 price in the Philippines" and "CICC confirms GoreBox blocked on Google Play and Steam in PH".