Heat and extreme drought in Europe lead to dried rivers and crop failures. As a result, transport costs increase and food prices explode. How strongly does the drought drive inflation?
Low water and drought will have noticeable effects on inflation. Food and energy play a significant role in their calculation. Which products could become significantly more expensive?
Heat and extreme drought in Europe lead to dried rivers and crop failures. As a result, transport costs increase and food prices explode. How strongly does the drought drive inflation?