PlayStation and Xbox price increases in South Africa

• The prices of PlayStation and Xbox consoles in South Africa have increased significantly since their launches six years ago, with some models rising by as much as 45%.
• The price increases are primarily driven by surging costs of memory and storage components, economic inflation, and supply chain pressures, rather than the weak and volatile rand.
• The gaming industry is expected to continue experiencing supply chain pressures and rising costs, with Microsoft anticipating a fivefold increase in Xbox memory costs by 2027.