This is a global price increase for all 12-month options.

Sony is set to increase the price of all PlayStation Plus 12-month subscriptions. This price increase will be a global bump and not just limited to specific regions.

Starting from September 6, Sony will increase the price of all tiers of PlayStation Plus. This includes the very basic Essential tier, the Extra tier, and the top Premium tier. A breakdown of the current prices and the new prices that will go into effect on September 6th.

The price increase announcement came via the PlayStation Blog. It is here where Sony justified the price hike by saying that it will "enable us to continue bringing high-quality games and value-added benefits to your PlayStation Plus subscription service."

Even with this price increase for the 12-month options, it will still save you money when compared to buying 12 1-month options or 4 3-month options.

This price increase for PlayStation Plus comes just a couple of months after Microsoft announced their own price increase for Xbox Game Pass.