The price of the PS5 Digital Edition in the UK is set to increase to £430, while in Europe it will rise to €500, as the Japanese gaming company points to a difficult economic climate.

Sony PlayStation 5

Sony has raised the price of its PlayStation 5 by 25% as the gaming industry feels the effects of tariffs introduced during Donald Trump’s presidency.

The Japanese gaming giant described the move as a “difficult decision,” announcing that the cost of the digital edition of the console will rise to £429.99 in the UK and €499.99 across Europe, starting Monday. However, the standard PS5 model, which features a disk drive, will remain unchanged in price.

According to Sony, the increase is a response to “economic challenges,” including rising inflation and unstable exchange rates, which have influenced pricing in select markets across Europe, the Middle East, Africa, and Oceania.

In Australia, the standard PlayStation 5 will now cost A$829.95, while the digital version will be priced at A$749.95. Meanwhile, in New Zealand, the standard console will climb to NZ$949.95, with the digital edition increasing to NZ$859.95.

President Trump's tariffs have caused concern in the technology industry about their potential impact on supply chains. Rival Nintendo, a Japanese game company, introduced its latest portable device, the Switch 2, the day before President Trump imposed "reciprocal" taxes on foreign goods on April 2. Preorders for the device in the US were delayed a few days later by the firm, which stated that it would need to evaluate the possible impact of tariffs.

Apple, whose products are mostly produced in China, is likewise preparing for greater expenses. UBS analysts have warned that the price of an iPhone 16 Max with 256GB of storage may climb 79%, from $1,199 (£915) to almost $2,150 (£1,600), assuming a 145% total tariff.

Japanese stocks increased Monday as the US announced it will halt tariffs on some devices, including cellphones, despite the fact that Trump's trade strategy is still quite unclear. Tokyo's blue-chip stock index, the Nikkei 225, ended the day up 1%.

Trump warned that no one was "getting off the hook" on Sunday, but US officials indicated the halt on import taxes on China for smartphones, laptops, and other electronic devices would only last a short while.