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Climate Change Is Driving Global Inflation Even Higher

Global warming is fast transforming the planet. Now scientists and economists are worried about another knock-on effect.

Drought in Central America, and particularly Panama, may have broader consequences for global inflation. Above, dead corn plants at a drought-affected farm in Pasaquina, El Salvador.

Photographer: Camilo Freedman/Bloomberg
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Climate change is fast transforming the planet. Global warming is fueling drought, massive wildfires, rising sea levels and stronger hurricanes. Now scientists and economists are worried about another knock-on effect: faster inflation.