Think food's expensive right now? One factor is going to make things even worse in the coming years

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Surging global temperatures caused by climate change are going to increase food inflation by up to 3.2 per cent per year in a decade.

According to a report from Germany's Potsdam Institute for Climate Impact Research released today, surging global temperatures caused by

"The global economy is sensitive to climate change and extreme weather through the impact on food production, labour, energy demand, and human health," publisher Springer Nature said in a statement. "Food prices were impacted by repeated flooding throughout 2022 in major production regions of the east coast of Australia," an interim parliamentary cost of living report said last year.

 

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