
After increasing the prices of the PlayStation 5 for the American market, Sony is now reportedly downgrading the hardware of European PS5 variants. The price will remain the same, though these new consoles will come with around 20 percent less storage than their older selves.
Hardware has been slowly increasing in price over the past few years, with things picking up the pace post-COVID. This doesn't only affect consoles, as PC parts and other gaming paraphernalia have gone up, slowly but surely, with the “mid-range” of today corresponding in cost to what the high-end used to be. On top of that, the recent tariffs introduced by the U.S. government have contributed to an increase in hardware produced outside of America, which is just about everything gaming-related.