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Nintendo Raises Switch Prices: Global Economic Pressures
Description
Nintendo Announces Price Hikes for Switch and Accessories
Nintendo has recently announced a significant price increase for the Switch console across several markets. In the US and Canada, the price will rise by $50 to $499.99, while in Europe, it will increase to €499.99. The most substantial hike is in Japan, where the Switch Two will rise by approximately 20% to ¥59,980. Additionally, original Switch models, including the OLED and Lite, will also see a price increase of around ¥10,000 in Japan.
The company is also raising prices on Switch Online subscriptions and playing cards in Japan. This move aligns with Sony and Microsofts recent price increases for their consoles, indicating global economic pressures, a weaker yen, and supply chain challenges. While prices outside Japan remain unchanged for the original Switch lineup, consumers should expect further price adjustments in the coming year.
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