Europe inflation may spike on Olympics and Taylor Swift, but UBS says it won’t hit locals’ wallets

The Olympic Games are causing a surge in prices, but French consumers aren’t likely to feel its pinch. Mega events like the Olympics, or even big concerts like Taylor Swift’s Eras tour, lead to a rise in demand for hotel — rooms and airline tickets, as well as other goods and services needed by the influx of visitors. Even so, most consumers may not feel the impact, according to UBS.
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