Buying the latest-gen Sony console just got more expensive as the company just raised the price of PlayStation 5 consoles.

If you’ve been eyeing a PlayStation 5, here’s the bad news: it just got more expensive. Sony says the popular gaming system’s price increase is due to a “challenging economic environment.” That includes a mix of factors,

Sony will raise prices of its PlayStation 5 consoles in the United States by around $50 from Thursday, as the Japanese conglomerate navigates a slow recovery in the videogame market while U.S. tariffs threaten to raise costs.