Beyoncé blamed for inflation rise in Sweden

The Scandinavian nation reported higher-than-expected inflation of 9.7% around the time of the popstar's concert

The Renaissance world tour kicked off at Stockholm’s Friends Arena
The Renaissance world tour kicked off at Stockholm’s Friends Arena © Carlijn Jacobs

Beyoncé has been blamed for Sweden’s inflation rise after the start of her Renaissance tour in the country last month.

The 41-date world tour – her first in seven years – kicked off on 10 May at Stockholm’s Friends Arena, reportedly prompting a surge in restaurant and hotel pricing in the area as tens of thousands of fans arrived in the city.

Michael Grahn, the chief economist at Danske Bank, the biggest bank in neighbouring Denmark, told CNN the extra demand…

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