LOS ANGELES/GLASTONBURY, England : Call it Beyflation. Or maybe Swiftflation. The cost of certain goods is retreating in some places, but that doesn't include live music. Concert tickets have surged in price, to the point where economists are noticing.Fans are shelling out a fortune for tickets to
The cost of certain goods is retreating in some places, but that doesn't include live music. Concert tickets have surged in price, to the point where economists are noticing.
Event prices in UK inflation data are based on when shows take place, not when tickets are bought. But with different artists performing every month, it's hard to compare one to the other, an Office for National Statistics spokesperson said. Others say they had an easier time. Carolina Candelas spent 92 euros each to see Beyoncé with her sisters and parents in Barcelona."My sister purchased them in a presale link that Ticketmaster sent her, so I think it was really easy," she said.
The U.S. Labor Department does not specifically measure inflation for concert prices, but the inflation rate for live performing admission events is currently 2.6 per centage points more than U.S. headline inflation. That gap has increased this year as headline figures have declined.Across Asia, crowds are flocking to see marquee names like Bruno Mars, Coldplay and the Backstreet Boys.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Australia inch towards Ashes test win with England 116-5 chasing 268NOTTINGHAM, England : England were reeling at 116-5 at stumps on day four of the women's Ashes test on Sunday chasing a target of 268, giving Australia the upper hand going into the final day of the one-off match at Trent Bridge.After Australia's middle order collapsed in their second innings, England's o
Read more »
Gardener cuts down England as Australia win Trent Bridge TestAustralia's Ashleigh Gardner tore through England's rear guard to help the visitors win the one-off test match at Trent Bridge by 89 runs on the fifth day on Monday, despite a battling half century by Danni Wyatt.England emerged at 116-5 chasing a target of 268 with Wyatt and Kate Cross at the crease, but
Read more »
England won't change attacking approach, says PopeLONDON : England will not change their attacking philosophy in the second Ashes test against Australia at Lord's this week despite falling agonisingly short in a thriller at Edgbaston, vice-captain Ollie Pope said on Monday.Australia weathered England's Bazball approach - the gung-ho style masterminded by
Read more »
Elton John to thrill sun-drenched Glastonbury in final UK showGLASTONBURY, England : Elton John is set to close Glastonbury's Pyramid stage on Sunday night with a 'completely unique' set for his last ever UK show that will also feature four surprise guests.The flamboyant British singer's performance follows two sun-drenched days at the famous music festival in south
Read more »
Wimbledon 2023: List of expected men's seedsNovak Djokovic will bid to win a men's record-extending 24th Grand Slam crown when Wimbledon gets underway next month but while the Serb has won the last four titles at the All England Club he will be seeded second behind Carlos Alcaraz.Djokovic drew level with Rafa Nadal on 22 majors by winning the Austr
Read more »
Elton John's Glastonbury triumph attracts 7.3 TV million viewersGLASTONBURY, England : Elton John's masterclass in big-stage entertainment at Glastonbury on Sunday pulled in 7.3 million television viewers for a show packed with hits like 'Tiny Dancer', 'Rocket Man' and 'Your Song' in his swansong performance in Britain.John, 76, one of the biggest selling artists of a
Read more »