Sony has announced that it is raising the price of the PS5 in the US. The price increase of $50 affects all PS5 models and will come into effect from 21st August.

Sony has announced that it will increase the recommended retail price of the PlayStation 5 in the US. In a post on the official PlayStation Blog, the manufacturer stated that "a challenging economic environment" has led to the "difficult decision" of increasing the price of all PS5 consoles by $50.

Every PlayStation 5 model is about to get $50 more expensive because of tariffs.

Games events are always packed with a shed load of marketing bluster. Companies figure out the most impressive way to showcase their wares and then, well, deploy that. Some of that is more strait-laced; other times the truth is stretched.

Starting Thursday, all PlayStation 5 models sold in the United States will see a $50 price increase, Sony revealed, citing the mounting financial pressure from newly imposed tariffs under the Trump administration.

Xbox and Nintendo also announced price increases for their respective consoles this year, with PlayStation's price increase starting Aug. 1.

Check out the new trailer for Stalker 2 revealing the PS5 release date.Developer GSC Game World has announced that  S.T.A.L.K.E.R. 2: Heart of Chornobyl will be released on PlayStation 5 and PS5 Pro in late 2025.

The technology experts at Digital Trends review the PS5 Pro to determine if the new upgrades justify the purchase.