Increasingly frequent adverse weather conditions…What if the price rises with every rainstorm?

Have you heard about the “golden apple”?
As weather shocks resulted in a sluggish apple crop,
the price of apples skyrocketed to a level that led to
the phrase “golden apples.”
Prices of other fruits followed in line afterward.
As the climate crisis accelerates, we will likely witness more adverse weather conditions.
Does that mean the price of fresh food will rise accordingly and lead to long-term inflation?
Let’s deep dive into KDI’s analysis.
📌 RESEARCH
www.kdi.re.kr/...
#climatechange #price #crisis #food #inflation