It’s been almost beyond criticism up until now, except… apparently Tears Of The Kingdom is why eggs are so expensive at the moment.
There are no doubt many complex and technical reasons for the current high rates of inflation in the UK but since nobody seems to want to blame Brexit for the fact that we’re doing worse than any comparable county, other more unlikely reasons have been suggested.
The most bizarre so far is that the current cost of living crisis is because too many people have bought The Legend Of Zelda: Tears Of The Kingdom.
That’s not a joke comment from an obscure expert but the official stance of the latest ONS report, which while it doesn’t mention Tears Of The Kingdom by name suggests that the increase in the annual rate was primarily the result of ‘cultural services’, especially ‘admission fees to live music events; games, toys and hobbies (particularly computer games); and package holidays.’
The talk of live music fees seems to be a reference to Beyoncé’s recent tour, while Tears Of The Kingdom was by far biggest game in May, which is the period the report covers.
BBC economics editor Faisal Islam was one of the first to realise the ONS were talking about Tears Of The Kingdom, although he managed to use an image from 2006’s Twilight Princess (that is clearly labelled as such) to make his point.
Core inflation in the UK has now risen to 7.1%, which is the highest for 31 years and given it’s been a very good year for games so far, in terms of quality and sales, we assume this means Diablo 4 is going to be blamed for June not being any better.
This isn’t just UK economists being weird though, with their Swedish counterparts recently complaining that Beyoncé’s tour created a rise in demand for hotels and restaurants, which also had an adverse effect on inflation.
All of this is, of course, a very serious issue, with the Bank of England expected to announce another interest rate rise this week, which will in turn push up mortgage costs for many people.
But if you’ve bought Zelda: Tears Of The Kingdom or went to see Beyoncé we wouldn’t feel too personally responsible.
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