Microsoft raises prices for selected Xbox Series S and Xbox Series X consoles in the UK and across Europe starting August 1, 2026. Reported increases apply to both the 512GB and the 1TB configurations. In Europe, the 512GB Xbox Series S price rises by EUR 150, bringing it to EUR 499.99 from EUR 349.99. The 1TB model also increases by EUR 200, with the price moving to EUR 599.99 from EUR 399.99. UK and other European pricing is described as costlier for these tiers by up to roughly $150 in local reporting.
Multiple outlets attribute the change to higher storage and memory costs, which Microsoft says affect manufacturing and overall device expenses. One report also states Microsoft is discontinuing the 2TB Xbox model from its lineup. To address the higher prices, Microsoft is described as introducing new financing options and offering alternatives such as previously played consoles, while continuing efforts to provide more affordable gaming options.