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Stock Market News

Sony hikes PS5 price on rising interest rates

08/25/2022

Less than a minute

2022.08.25 10:34

Sony hikes PS5 price on rising interest rates
FILE PHOTO: PS5 by PlayStation is displayed in a GameStop in Manhattan, New York, U.S., December 7, 2021. REUTERS/Andrew Kelly

TOKYO (Reuters) – Sony (NYSE:SONY) Group Corp said on Thursday it was hiking the price of its PlayStation 5 games console in markets including Europe, Japan and Britain following economic pressures including rising interest rates.

Sony said there would be no price increase in the United States.

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08/25/2022

Less than a minute