Get ready to shop like Beyoncé.
16.06.2023 - 18:23 / etcanada.com
It’s no secret that Beyoncé is an internationally famous music superstar with millions of fans throughout the world, but who knew she had the power to affect the economy of an entire nation?
That appears to be the case, with a top economist claiming that Queen Bey’s two shows in Sweden, launching her Renaissance World Tour, caused the entire country’s inflation rate to temporarily increase.
In a recent New York Times report, Danske Bank chief economist Michael Grahn explains how her two-show tour kickoff in Stockholm last month “seems to have” impacted inflation in Sweden that month.
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Grahn cited numbers from Statistics Sweden indicating the the inflation rate for May was 9.7 per cent ,according to the Consumer Price Index (CPI).
As the report noted, while this was higher than the inflation rate in April — 10.5 per cent — it was markedly higher than what had been anticipated.
Grahn told the Times that while he wouldn’t say Beyoncé was entirely responsible for Sweden’s higher-than-anticipated inflation rate in May, “her performance and global demand to see her perform in Sweden apparently added a little to it,” given that fans travelled from all over Europe to see the shows, with that influx contributing to hotel and restaurant revenues.
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“The main impact on inflation, however, came from the fact that all fans needed somewhere to stay,” he said, noting that hotel rooms were so scarce that fans took rooms as far as 40 miles away.
“Beyoncé probably had an effect on hotel prices in Stockholm the week she performed here,” said Carl
Get ready to shop like Beyoncé.
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Beyoncé in which she appears to show her frustration at crew members during a recent show in Amsterdam has gone viral.The incident happened while the singer was performing ‘Summer Renaissance’ at the Johan Cruyff Arena on Sunday (June 18) as part of her ‘Renaissance’ tour.During the performance, Beyoncé appeared to become irritated with her stage crew when they missed a cue to remove a set of stairs as she performed the final song of her set.The clip, which you can view below, shows her making frantic motions at the stairs with her left hand, at one point pushing the piece of furniture away herself with her hand. She also attempts to push the stairs with her foot.Replying to @dojvfx she said a round of applause directly into his eyes I CANT i love her #beyonce #renaissancetour #renaissanceworldtour #fypシ ♬ original sound – beyoncevi She eventually shouts “Oh, my God!”, seemingly in the direction of the confused crew as they eventually realise what she wants them to do.It comes after Beyoncé was recently blamed for Sweden’s inflation rise after the start of her ‘Renaissance’ tour in the country last month.The megastar’s decision to commence her huge world tour in Sweden created a surge in restaurant and hotel pricing in the area as thousands arrived for the show.
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