Microsoft to Raise US Xbox Prices between $20 and $70 on Oct. 3

A Microsoft's Xbox One video game controller.Photographer: Michael Ciaglo/Bloomberg

Microsoft Corp. on Friday said it is increasing the prices of its flagship Xbox Series S and Series X video game consoles on Oct. 3, citing changes in the macroeconomic environment.

The Series S models are increasing by $20 to $400 and $450; the Series X is going up by $50 to $600 and $650; and the Series X with 2 terabytes of storage is increasing by $70 to $800, Microsoft said in a statement.