Xbox announced today that prices are increasing today for their products including consoles, games, and accessories. The official Xbox Support Page detailed the increases as follows in the United States (the support page also details additional regions):
The official statement reads as follows:
As of May 1, we have adjusted recommended retailer pricing for our consoles and controllers worldwide. We also expect to adjust the pricing of some of our new, first-party games starting this holiday season to $79.99. Those titles purchased on the Xbox Store have the benefit of Xbox Play Anywhere, allowing players to buy once and play on console and PC at no additional cost.
We understand that these changes are challenging, and they were made with careful consideration given market conditions and the rising cost of development. Looking ahead, we continue to focus on offering more ways to play more games across any screen and ensuring value for Xbox players.

