Latest / Inflation Explained with Fexingo: CPI, Prices, and the Cost of Living for Everyday People
Why Your Sports Ticket Prices Keep Rising Despite Cooling CPI
CPI is finally cooling, but have you noticed the price of a concert ticket, a Broadway show, or a football game? Those prices keep climbing. In this episode, Lucas and Luna dig into why live-event prices are bucking the inflation trend. They start with a surprising stat: the entertainment sub-index of CPI rose 3.1 percent year-over-year in June, even as headline CPI fell. They explore the forces behind this — from dynamic pricing algorithms to the rise of mega-tours by artists like Taylor Swift and Beyoncé, to the fact that the supply of venues and seats is fundamentally limited. They also…
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