Soaring temperatures in Europe have impacted agricultural production and look set to have a knock-on effect on food costs. As warmer weather becomes the norm, will “heatflation” become a regular occurrence?
Heatwaves in Europe in the past week have seen exceptionally hot weather wreaking havoc across the continent. In France, Greece, Spain and Portugal, temperatures above 40C sparked wildfires that forced tens of thousands to evacuate from their homes. In the UK, a record high of 40.3C brought on travel chaos and fears of a health emergency.
