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Sony hikes price of ageing PlayStation 5 console in Japan by 19%


Sony said its suggested retail price for the PlayStation 5 is 79,980 yen ($553), up 19% from the previous price, in a hike set to take effect from Sept. 2.

Sony on Tuesday announced a price hike for its flagship PlayStation 5 console, even as the device enters its fourth year on the market. Sony cited a challenging external environment, including fluctuations in the global economy, as the reason for the price increase. Sony cited a challenging external environment, including fluctuations in the global economy, as the reason for the price increase.

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