Drought in Germany and Europe: The Drier, the More Expensive
4 Articles
4 Articles
The drought is growing. Germany wants to be better at drone defense. Economists warn of too high debts. That is the situation on Tuesday morning.
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?
Industry, agriculture and energy are paying billions of euros because of the heat and drought in Europe.
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