Beyoncé's Tour Blamed for Inflation Spike in Sweden

Beyoncé's world tour in Sweden last month caused a surge in demand for hotels and restaurant meals, leading to higher-than-expected inflation of 9.7% in May. The singer's first solo tour in seven years is expected to gross almost £2bn by the time it ends in September. Searches for accommodations in cities on the tour shot up after it was announced, and tickets for many concerts sold out within days. The Stockholm concerts reportedly drew fans from around the world, especially the US, where a strong dollar against the krona helped to make tickets in the Nordic country seem a relative steal.