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According to western AAA game developers? Sure. Otherwise, I wouldn't say that is true.
Judging by a 6x price increase in Argentina and Turkey, this looks like a result of Valve's automatic regional price calculation (if I remember correctly, Valve changed how it works half a year ago causing an outrage among the people due to games becoming more expensive everywhere) rather than the developer suddenly raising the price. I wish Lucas Pope would see this and react somehow...
The US price remained the same while everyone else got shafted.
it is what it is. ppl are still entertaining the supply chain/covid price hikes.
game is still worth the price.
https://steamdb.info/blog/valve-price-matrix-2022-update/
It is up to each developer/publisher apply those pricing changes, so some might have not yet updated, and some updated somewhere between October and today, in coincidence to any other change they had to do in the Steam store.
I suspect Lucas Pope or whoever handles the Steam page for him were doing some other maintenance on the store page and saw that the recommended and actual regional pricing didn't match.