Microsoft will increase the price of these games in 2023

Microsoft has announced that it is increasing the prices of its upcoming first-party Xbox games from 2023. The prices of a number of games will now be on par with the pricing of the game offered by competitors like Sony, Ubisoft and Take-Two. Earlier this week, Microsoft India announced a hike in prices of products and services by up to 11%.
Media reports say that games from Xbox Game Studios like Redfall, Starfield, and Forza Motorsport will be priced at $69.99 instead of $59.99. While these games are getting a price hike in the US, there is no information about a hike in India. We have reached out to Microsoft for a statement on the same.
“We’ve held on price increases until after the holidays so families can enjoy the gift of gaming. Starting in 2023 our new, built for next-gen, full-priced games, including Forza Motorsport, Redfall, and Starfield, will launch at $69.99 USD on all platforms. This price reflects the content, scale, and technical complexity of these titles. As with all games developed by our teams at Xbox, they will also be available with Game Pass the same day they launch,” The Verge Quoted Microsoft as saying.

Microsoft Gaming CEO Phil Spencer previously hinted that the company could increase the price of consoles and games. “We’ve held the price on our console, we’ve held the price on games and our subscription. I don’t think we’ll be able to do that forever. I do think at some point we’ll have to raise some prices on certain things, but going into this holiday we thought it was really important that we maintain the prices that we have,” Spencer said in October.
Microsoft hikes software price in India
The news comes a day after Microsoft announced that it will be raising the prices of its products and services by up to 11% in India. The Windows maker said that the hike is due to currency fluctuations.

“Indian rupee price list changes to harmonise its prices for commercial on-premises software and online services between India and the Asian region, effective February 1, 2023,” Microsoft said in an official announcement.

“Starting February 1, 2023, Indian rupee prices for commercial on-premises software will increase by 4.5%, online services will increase by 9%, and Windows GGWA will increase by 11% to realign close to prevailing USD pricing levels in the Asian region,” the company added.
The price will not have an effect on business customers that are under licensing agreements for products, as per the company.