As the heatwave hits, a new report from the Autonomy Institute suggests that fruit and vegetable prices could rise by around 170% by 2050. The climate crisis is becoming an increasingly powerful driver of inflation for fresh produce.
According to the report, so-called “climate-flation” could contribute 40% of total inflation across basic goods by 2035 and more than 60% by 2050.
The analysis suggests that heatwaves alone could add around 11% to the price of the UK’s top 20 fruit and vegetables by 2035, and around 68% by 2050 under a high-emissions scenario. These increases would come on top of normal inflation.
The report also notes that UK-grown staples such as carrots and mushrooms are more insulated than some imported products, but are still expected to face climate-related price pressure.
For further information, visit The Price of 5 A Day? – The Autonomy Institute