It would make sense if the benchmark would be about smartphones, but laptops and desktop computers are already non-essential 'luxury items'.
If the poorer half of people can't afford a new computer I would expect the benchmark to go up, because the rich people will still buy highend computers while the lower half would drop out of the benchmark completely.
FWIW, I stopped upgrading my gaming PC since 2018, not because I can't affort an upgrade, but because the hardware has been "good enough" (still sporting an RTX2070).
Also, the 'living cost crisis' in Europe has been quite dramatically overblown by Russian propaganda, at least we haven't frozen to death or eaten our pet hamsters yet ;)