Beyoncé concert in Stockholm blamed for unexpectedly high Swedish inflation

1 year ago 57

Start of superstar’s world tour ‘seems to have coloured inflation’, says economist, after tens of thousands of fans flocked to the capital for concerts

Swedish inflation fell below 10% in May, official statistics showed, but was still higher than expected with some analysts suggesting superstar Beyoncé had tipped the scales.

Consumer prices rose by 9.7% in May year-on-year, down from 10.5% in April, the first time inflation has come in under 10% in over six months.

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