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Food prices could increase further due to climate change's effect on inflation around the world: Study

  • Rising temperatures from climate change are projected to increase global food prices by 1.49 to 1.79 percentage points annually by 2035.
  • Researchers from Potsdam Institute for Climate Impact Research and the European Central Bank analyzed historical price and weather data from 121 countries between 1996 and 2021.
  • The study focused on the impact of climate change on food costs worldwide.
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The Straits TimesThe Straits Times
+2 Reposted by 2 other sources
Lean Right

Global warming to raise food prices, inflation: Study

Africa and South America would be the continents most affected, the study found. Read more at straitstimes.com.

·Singapore
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Associated Press NewsAssociated Press News
+21 Reposted by 21 other sources
Lean Left

Higher temperatures mean higher food and other prices. A new study links climate shocks to inflation

A study by an environmental scientist and the European Central Bank finds that food prices and overall inflation will rise as temperatures climb with climate change. Thursday's study looks at

·United States
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Forbes broke the news in United States on Thursday, March 21, 2024.
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