They are increasing prices because they can. We lost
They don't need to. People who believes in inflation excuses are fools. Software is a highly scalable product, the unit cost is negligible, development costs are mostly fixed, meaning once you get the break-even pretty much everything you sell are profits.
In software sales a small 10% increase in revenue will reflect almost fully in profits, specially if the sales are digital. And guess what, software sales are only increasing and digital sales getting even higher shares
And AAA developers are always reaching their break-even, period. Indeed development costs are increasing only because those developers can pay them
Big budgets are mostly determined based on the profits from other games anyway, unless you are a indie and indies are not the ones who are increasing prices
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