Looking beyond Russia-Ukraine war or supply chain issues, Swedish authorities believe that the reason the country recorded higher-than-expected inflation in May is because of Beyonce.

The singer’s decision to kick off her Renaissance tour from Stockholm in May spurred massive demand for hotel bookings and meals which the economists blame for the rise in inflation by 0.2 percentage points..

According to data published by Statistics Sweden on Wednesday, the core inflation, which excludes energy prices, rose to 9.7 per cent in May.

The economists said that restaurants and hotels added 0.3 percentage points to the May figure, while recreation and culture contributed 0.2 percentage points.

<h2>Surprised with inflation figures</h2>

Experts had expected the inflation to hover around 9.4 per cent from 10.5 per cent in April. But they were surprised to find the Beyonce effect having that much impact on the country. The inflation in Sweden peaked at 12.3 per cent in December.

“Beyoncé is responsible for the extra upside surprise this month. It’s quite astonishing for a single event. We haven’t seen this before,” said Michael Grahn, Danske’s chief economist in Sweden, who said that the singer was responsible for the 0.2 percentage points inflation rise.

<h2>Sweden: Will allow NATO to base troops in territory</h2>

<div class="videoWrapper trancodeVideo"><iframe allowfullscreen="" autoplay="1" class="includeVideo" frameborder="0" height="350" src="https://www.wionews.com/videos/sweden-will-allow-nato-to-base-troops-in-territory-602645/embed" style="width:100%;max-width:560px;" width="560"></iframe></div>

<h2>The Beyonce effect</h2>

Major sporting tournaments often tip the scales on the higher side, but the economists said it was rare for a single event to do so.

In the middle of May, tens and thousands of fans descended to Stockholm to catch the two concerts that kicked off her first solo tour in seven years. Estimates peg the crowd at each concert to be at 46,000, with some forced to stay outside the capital as hotels filled up fast.

Also read |&nbsp;<a href="https://www.wionews.com/world/new-zealand-slips-into-recession-as-gdp-fell-01-per-cent-in-the-march-quarter-604574">New Zealand slips into recession as GDP falls 0.1 per cent in March quarter</a>

There were reports that a number of fans had travelled from overseas to see the shows, taking advantage of the weak Swedish currency and lower ticket prices.

Also read |<a href="https://www.wionews.com/world/wion-explains-new-zealand-loses-almost-decade-old-fight-for-manuka-honey-trademark-heres-what-it-means-595191">&nbsp;WION Explains: New Zealand loses almost decade-old fight for `mānuka honey` trademark. Here`s what it means</a>

In an interview to Wall Street Journal, Grahn said that the effect was “very rare” and he expected the situation to go back to normal in June.

But one economist told the Financial Times newspaper that Sweden might experience a similar inflation bump when Bruce Springsteen plays three nights of concerts in Gothenburg in June.

After Stockholm, Beyoncé moved through several European capitals including Brussels, Cardiff, Edinburgh and five nights in London. She has seven more dates in Germany, the Netherlands and Poland before moving to Canada and the US.

(With inputs from agencies) 
 
&nbsp;

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Looking beyond Russia-Ukraine war or supply chain issues, Swedish authorities believe that the reason the country recorded higher-than-expected inflation in May is because of Beyonce.

Looking beyond Russia-Ukraine war or supply chain issues, Swedish authorities believe that the reason the country recorded higher-than-expected inflation in May is because of Beyonce. The singer’s decision to kick off her Renaissance tour from Stockholm in May spurred massive demand for hotel bookings and meals which the economists blame for the rise in inflation by 0.2 percentage points.. According to data published by Statistics Sweden on Wednesday, the core inflation, which excludes energy prices, rose to 9.7 per cent in May. The economists said that restaurants and hotels added 0.3 percentage points to the May figure, while recreation and culture contributed 0.2 percentage points. Surprised with inflation figures Experts had expected the inflation to hover around 9.4 per cent from 10.5 per cent in April. But they were surprised to find the Beyonce effect having that much impact on the country. The inflation in Sweden peaked at 12.3 per cent in December. “Beyoncé is responsible for the extra upside surprise this month. It’s quite astonishing for a single event. We haven’t seen this before,” said Michael Grahn, Danske’s chief economist in Sweden, who said that the singer was responsible for the 0.2 percentage points inflation rise. Sweden: Will allow NATO to base troops in territory The Beyonce effect Major sporting tournaments often tip the scales on the higher side, but the economists said it was rare for a single event to do so. In the middle of May, tens and thousands of fans descended to Stockholm to catch the two concerts that kicked off her first solo tour in seven years. Estimates peg the crowd at each concert to be at 46,000, with some forced to stay outside the capital as hotels filled up fast. Also read | New Zealand slips into recession as GDP falls 0.1 per cent in March quarter There were reports that a number of fans had travelled from overseas to see the shows, taking advantage of the weak Swedish currency and lower ticket prices. Also read | WION Explains: New Zealand loses almost decade-old fight for `mānuka honey` trademark. Here`s what it means In an interview to Wall Street Journal, Grahn said that the effect was “very rare” and he expected the situation to go back to normal in June. But one economist told the Financial Times newspaper that Sweden might experience a similar inflation bump when Bruce Springsteen plays three nights of concerts in Gothenburg in June. After Stockholm, Beyoncé moved through several European capitals including Brussels, Cardiff, Edinburgh and five nights in London. She has seven more dates in Germany, the Netherlands and Poland before moving to Canada and the US. (With inputs from agencies) WATCH WION LIVE HERE

Swedish economists blame Beyonce for higher-than-expected inflation in May

Beyonce Renaissance Tour 2023: Beyonce has announced a Renaissance World Tour, and tickets for the concerts will go live super soon. There will be three pre-booking sales for the Renaissance Tour 2023 tickets so Beyonce's hardcore fans can get them reserved.

Beyonce Renaissance Tour 2023: Beyonce has announced a Renaissance World Tour, and tickets for the concerts will go live super soon. There will be three pre-booking sales for the Renaissance Tour 2023 tickets so Beyonce's hardcore fans can get them reserved. Queen B is blessing the world with an official solo tour called Renaissance, named after her album, after seven years, and her fans are more excited than ever for the Renaissance Tour 2023. Beyonce's last solo tour was the Formation World Tour in 2016. Since then, she has released several live albums, including Everything is Love with Jay-Z, Lion King: The Gift, and Renaissance. She released Renaissance in July 2022, and it was a massive hit. Beyonce collaborated with several artists, including Skrillex, Teena Marie and The Clark Sisters, to produce the 16 iconic songs in her album, Renaissance. Here's everything you need to know about Beyonce's Renaissance World Tour 2023. We have mentioned the Renaissance World Tour 2023 dates, stops, ticket prices, and the registration process. Renaissance Tour 2023 dates: When & where will Beyonce tour in 2023? Beyonce officially announced the Renaissance World Tour 2022 on her Instagram on February 1, 2023. However, CITI Entertainment launched the presale page for her US shows before her official announcement. For now, Queen B declared the dates for Europe and North America. So, the Renaissance World Tour will begin on May 10, 2023, and ends in New Orleans on September 27, 2023. Renaissance Tour 2023: EUROPE May 10 - Stockholm, Sweden May 14 - Brussels, Belgium May 17 - Cardiff, UK May 20 - Edinburgh, UK May 23 - Sunderland, UK May 26 - Paris, France May 29 - London, UK May 30 - London, UK June 06 - Lyon, France June 08 - Barcelona, Spain June 11 - Marsille, France June 15 - Cologne, Germany June 17 - Amsterdam, Netherlands June 18 - Amsterdam, Netherlands June 21 - Hamburg, Germany June 24 - Frankfurt, Germany June 27 - Warsaw, Poland Renaissance Tour 2023: NORTH AMERICA July 07 - Toronto, Canada - Rogers Centre July 08 - Toronto, Canada - Rogers Centre July 12 - Philadelphia, PA - Lincoln Financial Field July 15 - Nashville, TN - Nissan Stadium July 17 - Louisville, KY - Cardinal Stadium July 20 - Minneapolis, MN - Huntington Bank Stadium July 22 - Chicago, IL - Soldier Field Stadium July 26 - Detroit, MI - Fort Field July 29 - East Rutherford, NJ - Metlife Stadium August 01 - Boston, MA - Gillette Stadium August 03 - Pittsburgh, PA - Acrisure Stadium August 05 - Washington, DC - FedEx Field August 09 - Charlotte, NC - Bank of America Stadium August 11 - Atlanta, GA - Mercedes-Benz Stadium August 16 - Tampa, FL - Raymond James Stadium August 18 - Miami, FL - Hard Rock Stadium August 21 - St. Louis, MO - Dome At America's Center August 24 - Glendale, AZ - State Farm Stadium August 26 - Las Vegas, NV - Allegiant Stadium August 30 - San Francisco, CA - Levi's Stadium September 02 - Los Angeles, CA - Sofi Stadium September 13 - Seattle, WA - Lumen Field September 18 - Kansas City, MO - Arrowhead Stadium September 21 - Dallas, TX - AT&T Stadium September 23 - Houston, TX - NRG Stadium September 27 - New Orleans, LA - Caesers Superdome Like the previous world tour, Formation, Beyonce's Renaissance World Tour 2023 will also be a stadium tour. The first presale of the Renaissance World Tour will begin on February 2, 2023. Fans who wish to catch Beyonce live on her world tour must pre-book tickets. The demand for Beyonce's Renaissance tour are very high as she going for a solo tour after seven years. RENAISSANCE… pic.twitter.com/b8HYlHD2yU — BEYONCÉ (@Beyonce) July 29, 2022 × Renaissance World Tour 2023: How to Register with Verified Fans Here's how you can pre-book your tickets to Beyonce's World Tour in the United States. If you are in the United States, you can register for Beyonce's Verified Fan presale through CITI. However, the registration does not guarantee access to the presale of Beyonce's Renaissance World Tour 2023. But, if invited, you'll receive an access code on the previous night of the presale. Citi credit and debit card holders can buy tickets for the Renaissance World Tour 2023 when the presale launches. In Chicago, East Rutherford, Washington DC, Las Vegas, Los Angeles and Houston, the CITI presale registration is open till Thursday, February 2, 11:59 PM EST. The presale for Renaissance Tour 2023 will begin Tuesday, February 7, at 10:00 AM. In Minneapolis, Boston, Tampa, Miami, San Francisco, Seattle and Dallas, the CITI presale registration is open till Thursday, February 9, 11:59 PM EST. The presale for Renaissance Tour 2023 will begin Tuesday, February 14, at 10:00 AM. In Philadelphia, Nashville, Louisville, Detroit, Pittsburgh, Charlotte, St. Louis, Glendale, Kansas City and New Orleans, the CITI presale registration is open till Thursday, February 16, at 11:59 PM EST. The presale for Renaissance Tour 2023 will begin Tuesday, February 21, at 10:00 AM. Beyonce Renaissance World Tour: Ticket Price We all would love to watch Beyonce Live for her divine voice and angelic charm. But, can you actually afford Beyonce's Renaissance World Tour Tickets? How much are the tickets to Beyonce's Renaissance Tour? Here are the answers to all your questions related to Beyonce's Renaissance World Tour 2023. The O2 presale for Beyonce's Renaissance World Tour are live. If you manage to get through the queues you'll find the ticket prices as follows. Seated - £56.25 to £199 Standing - £106.80 Gold Circle - £177.50 GA Early Entry Package - £221 Silver VIP Fan Ticket Package - £256 Premium GA Early Entry Package - £321 Gold VIP Fan Ticket Package - £341 Club Renaissance Experience - £372 BeyHive VIP Package - £769 Alien Superstar Riser - £1038 Pure/Honey On Stage Risers Front Row Experience - £2400 These are the ticket prices for United Kingdom. We will keep you updated for the ticket prices of Beyonce's Renaissance World Tour 2023 for the United States.

Beyonce Renaissance Tour 2023: Dates, Presale, Ticket Bookings, Prices & How to Register with 'Verified Fans'

Beyonce is back! The singer will be going on tour after six long years. Days before the Grammy awards ceremony, where she is the most nominated artist, Beyonce announced that she would be going on tour this year and performing across Europe and North America.&nbsp; 
 
The concerts are set for May and June in Europe and July to September in the United States and Canada and mark the singer's "first solo tour in over six years," according to a statement from producer Live Nation.&nbsp; 
 
Since the announcement has come four days ahead of the 65th Grammys -- where she has been nominated for nine awards -- it has ignited hope among fans that Queen Bey could make an appearance at the show in Los Angeles on Sunday.&nbsp;

According to Variety, there is speculation she may even perform at the ceremony -- possibly alongside her husband and fellow superstar Jay-Z, who the entertainment magazine reports will take the stage with rapper and producer DJ Khaled. Beyonce's name, so far, has not been announced by the organisers in the list of performers.&nbsp;

Sunday's ceremony could come down to a matchup between Beyonce and British pop diva Adele, who has been nominated for seven awards.&nbsp;

The release of pulsating club track collection 'Renaissance,' the 41-year-old's seventh solo album, was considered by many the biggest music industry event of 2022, further solidifying Beyonce's spot as the uncontested queen of the dance floor.

According to the announcement, the artist's charitable organization BeyGood will support small businesses, scholarship funds and local community initiatives in cities throughout the tour.

Tickets for North American shows are set to go on sale February 6, via Ticketmaster.&nbsp;

Beyonce is back! The singer will be going on tour after six long years. Days before the Grammy awards ceremony, where she is the most nominated artist, Beyonce announced that she would be going on tour this year and performing across Europe and North America.

Beyonce is back! The singer will be going on tour after six long years. Days before the Grammy awards ceremony, where she is the most nominated artist, Beyonce announced that she would be going on tour this year and performing across Europe and North America. The concerts are set for May and June in Europe and July to September in the United States and Canada and mark the singer's "first solo tour in over six years," according to a statement from producer Live Nation. Since the announcement has come four days ahead of the 65th Grammys -- where she has been nominated for nine awards -- it has ignited hope among fans that Queen Bey could make an appearance at the show in Los Angeles on Sunday. According to Variety, there is speculation she may even perform at the ceremony -- possibly alongside her husband and fellow superstar Jay-Z, who the entertainment magazine reports will take the stage with rapper and producer DJ Khaled. Beyonce's name, so far, has not been announced by the organisers in the list of performers. Sunday's ceremony could come down to a matchup between Beyonce and British pop diva Adele, who has been nominated for seven awards. The release of pulsating club track collection 'Renaissance,' the 41-year-old's seventh solo album, was considered by many the biggest music industry event of 2022, further solidifying Beyonce's spot as the uncontested queen of the dance floor. According to the announcement, the artist's charitable organization BeyGood will support small businesses, scholarship funds and local community initiatives in cities throughout the tour. Tickets for North American shows are set to go on sale February 6, via Ticketmaster.

Beyonce announces North American, European tour from May to September

Beyonce has postponed her highly anticipated &lsquo;Formation&rsquo; World Tour show in New Jersey after being been put on vocal rest under her doctor&rsquo;s order. 
 
This is the final leg of her Formation World Tour which was earlier scheduled for September 7. MetLife stadium announced on its website on Monday that the tour has been postponed until October 7. 
 
An announcement read: &quot;As a result of strict doctor&#39;s orders for vocal rest, Beyonce&#39;s highly anticipated New York city area Formation World Tour date in E Rutherford previously scheduled for this Wednesday, September 7th at MetLife Stadium has been postponed until Friday, October 7th.&rdquo; 
 
Any tickets for the original show will be valid for the new date, and refunds will also be available at point of purchase, it said.&nbsp; 
 
The announcement came shortly after the &quot;Lemonade&quot; hitmaker celebrated her 35th birthday over the weekend with husband Jay-Z. 
 
(WION with inputs from agencies)

The show scheduled for September 7 in New Jersey has been postponed until October 7

Beyonce has postponed her highly anticipated ‘Formation’ World Tour show in New Jersey after being been put on vocal rest under her doctor’s order. This is the final leg of her Formation World Tour which was earlier scheduled for September 7. MetLife stadium announced on its website on Monday that the tour has been postponed until October 7. An announcement read: "As a result of strict doctor's orders for vocal rest, Beyonce's highly anticipated New York city area Formation World Tour date in E Rutherford previously scheduled for this Wednesday, September 7th at MetLife Stadium has been postponed until Friday, October 7th.” Any tickets for the original show will be valid for the new date, and refunds will also be available at point of purchase, it said. The announcement came shortly after the "Lemonade" hitmaker celebrated her 35th birthday over the weekend with husband Jay-Z. (WION with inputs from agencies)

Beyonce postpones highly-anticipated Formation World Tour