The upcoming Paris Olympics are expected to generate record-breaking ticket sales, with over 10.6 million tickets sold or allocated. This surge in demand has led to concerns about a potential inflation spike in Europe, particularly due to the concentrated period of supernormal demand. Experts note that this phenomenon is unique compared to other mega events like Taylor Swift's Eras Tour. The Olympics' impact on the Parisian economy is still uncertain, but past Games have seen tourism booms and long-term economic benefits.

Source: https://www.cnbc.com/2024/08/11/inflation-spike-in-europe-is-tied-to-the-olympics-taylor-swift-ubs-.html