Beyonce blamed for cost-of-living spike in Sweden

Thought the warfare successful Ukraine oregon proviso concatenation snarls were to blasted for rising prices? You indispensable not cognize 'bout Beyonce.

The commencement of the singer's satellite circuit successful Sweden past period sparked specified a frenzy of request for hotels and edifice meals that it has shown up successful the country's economical statistics.

Sweden reported higher-than-expected ostentation of 9.7% successful May.

Rising prices for hotels and restaurants were down the surprise.

Michael Grahn, economist astatine Danske Bank, said helium thought Beyonce helped thrust the bulk of those gains. She whitethorn besides person been the unit down the unexpectedly beardown uptick successful recreation and civilization prices, helium said.

"I wouldn't ... blasted Beyonce for [the] precocious ostentation print, but her show and planetary request to spot her execute successful Sweden seemingly added a small to it," helium wrote successful an email to the BBC.

There is small uncertainty that the singer's archetypal solo circuit successful 7 years marks a large economical moment. At slightest 1 estimation suggests the tally could gross astir £2bn by the clip it ends successful September.

Searches for accommodations successful cities connected the circuit changeable up aft it was announced, Airbnb reported. Tickets for galore concerts sold retired wrong days and prices soared connected the resale market.

In the UK, 60,000 radical descended connected Cardiff, including fans from Lebanon, the US and Australia. Demand for edifice rooms tied to her performance successful London was truthful beardown that successful astatine slightest 1 hotel, immoderate stateless families being housed determination by the section assembly were reportedly booted to marque mode for her fans.

The Stockholm concerts, wherever Beyonce played to a assemblage of 46,000 for 2 nights, reportedly drew fans from astir the satellite - particularly the US, wherever a beardown dollar against the krona helped to marque tickets successful the Nordic state look a comparative steal.

In an email to the Washington Post past month, Visit Stockholm described the roar successful tourism to the metropolis arsenic the "Beyonce effect" .

Inflation successful Sweden peaked astatine 12.3% successful December. The 9.7% complaint past period was down from 10.5% successful April, official figures show.

For 1 prima to person specified an interaction is "very rare", Mr Grahn told the BBC, adding that large shot tournaments tin person a akin effect.