Microsoft announced today that they will increase the price of the Xbox Series X console in most countries starting from August 1st.

The new official price will be €549.99, which is €50 more than the current recommended Euro price. In addition, they will also raise the price of Xbox Game Pass from $9.99 to $10.99 per month and Xbox Game Pass Ultimate from $14.99 to $16.99 per month.

According to Microsoft, these price increases are adjustments to market competition, and with this price increase, Xbox Series X matches the price increase that Sony made for the PlayStation 5 last year.

The price for Xbox Series S, however, remains the same as it is now.

theverge.com

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