Sweden’s inflation rate came in hotter than expected in May, but for once it perhaps wasn’t the cost of putting a roof over your head or food on the table that was driving up the cost of living, but something entirely unexpected: Beyoncé.
Sweden’s core inflation rate came in at an annual pace of 8.4 per cent in May, the country’s statistics agency reported this week. That was down from the previous month’s level, but well up from what economists were hoping to see — and a big reason why was an unexpected uptick in spending on hospitality services and various other
