According to Jinshi Data, Rob Wood, a macro analyst at Panson, said that the UK service industry inflation rate was 5.7% in June, 0.6% higher than the Bank of England's previous forecast. The surge in prices for hotels and live music events drove this unexpected increase, but these prices are likely to fall back. Without the surge in these components, service industry inflation would slow down, and overall inflation would also slow down. However, if the data was collected on June 18, the day Taylor Swift held an event in Cardiff, instead of on June 11, hotel prices would have soared more.