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Abnormal Heat Could Slow Economic Growth and Alter Living Standards: Study

Summary by ГОЛОВНА
Temperatures above the seasonal norm affect economic activity, heat also stimulates the growth of capital expenditure in companies
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2 Articles

Heat waves could reduce growth in Europe as a whole and the global economy by 0.5 percentage points compared to previous forecasts. A single day with temperatures above 32°C causes economic disruptions on a scale equivalent to a half-day strike. This is no longer extreme, but normal.

·Hungary
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Temperatures above the seasonal norm affect economic activity, heat also stimulates the growth of capital expenditure in companies

·Kyiv, Ukraine
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ГОЛОВНА broke the news in Kyiv, Ukraine on Thursday, July 17, 2025.
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