Microsoft has increased the prices of Xbox consoles in Europe and the UK, with the Xbox Series X now costing up to €200 more, according to The Verge. This price hike is significant, with some consoles seeing a 33% jump in price, as reported by Insider Gaming. The exact timing of the price increase is not specified, but it has been fully revealed, according to Video Games Chronicle.
The price increase affects both the Xbox Series X and S, with the exact price hike varying by region, according to The Verge. Microsoft is still reportedly losing money on every Xbox sold, despite the price increase, and may face further cost increases due to rising RAM prices, which could spike another 2x by Fall 2027, as reported by Wccftech. The price hike has been officially confirmed by VGChartz.
The price increase is notable as it may affect the competitiveness of Xbox consoles in the European and UK markets, particularly given the rising costs of gaming hardware.