Sony has raised the price of its PlayStation 5 consoles worldwide, citing "challenging" market conditions.The price of the digital edition of the PS5 console in the UK has increased by £40 to £429.99.

In Europe and the U.K., the price of the PS5 Digital Edition will rise to €499.99 and £429.99 respectively. That's a €50 price hike for the Europeans and a £40 price hike for the Brits. However, the standard PS5 with the disc drive won't see a price rise.

Key Takeaways Sony announced price increases on PS5 consoles in Europe, Australia and New Zealand.The company cited a "challenging economic environment," but did not mention the Trump administration's tariffs directly.