Analysis from the Financial Times shows a direct correlation between droughts and lower crop production, causing higher prices for food.
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Hello from London and welcome back to the Climate Graphic: Explained. Everywhere around the globe, extreme weather is causing disruption, from floods to fires to power outages and infrastructure damage.
The death toll from flash floods during south Asia’s monsoon season has mounted to several hundred across Pakistan, India and southern China. In other regions of the vast Chinese mainland, record heat raised concerns about the power supply as demand surged on efforts to stay cool.
In Turkey, Greece and other parts of south-eastern Europe temperatures soared above 40C and wildfires spread at alarming rates. At the same time, parts of the US are bracing for continued intense temperatures this weekend as the heat dome over sweltering central states rolls eastward.
Against this backdrop, we turned this week to the link between weather extremes and short-term food price inflation, which the authors of one study dubbed “food-flation”.
While previous research has focused on the long term inflationary pressures, dozens of sharp food price spikes were linked to increasingly frequent and intense climate extremes in the study published earlier this week.
