United Kingdom, May 19 -- Sony Interactive Entertainment has announced price increases for PlayStation Plus in several regions, citing ongoing "market conditions" as the reason behind the changes.

The updated pricing affects the Essential tier of the subscription service, which gives players access to online multiplayer, monthly downloadable titles, cloud saves, and exclusive store discounts.

Under the new structure, the monthly Essential subscription will rise by £1 in the UK, $1 in the US, and €1 across parts of Europe, bringing prices to £7.99, $10.99, and €9.99 respectively.

Three-month subscriptions are also increasing, climbing by £3, $3, and €3 to £21.99, $27.99, and €27.99.

The new p...