Heatflation: How sizzling temperatures drive up food prices

July 15, 2022

Source: Grist

Excerpt:

Vicious heat waves are sweeping parts of the globe this week, along with the dangers that come with blazing-hot temperatures: wildfires, dehydration, and even death. The hot weather could also push prices up for food, making inflation even worse.

Western Europe is facing sweltering temperatures again this week, with the thermostat hovering around 110 degrees in Seville in southern Spain. More thanย 20 wildfiresย are burning in Spain and Portugal, and persistent drought has left rivers and reservoirs running so low that theyโ€™re exposing ancient artifacts.ย 

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