The PS5 is getting pricer — at least in Japan.

What Happened:Sony Group Corp.(NYSE:SONY) has quietly raised the price of its PlayStation 5 in Japan, sparking conversations among gamers and industry analysts alike.

The PS5 in Japan will cost 60% more for the disc version and 82.5% for the digital edition. The decision is rooted in economic shifts, as the Japanese yen weakens against the dollar and general inflation rises.

"Japan is coming out of literally decades of deflation, prices are generally going up for consumer goods over here, and Sony is simply jumping on that bandwagon," Serkan Toto, an analyst at Kantan...