Rising Temperatures Drive Up Food Prices Worldwide Through Climateflation

• Rising temperatures associated with higher food price inflation globally, including in cooler countries like the U.S.

• Both extreme heat milestones and shifts in average temperatures connected to longer-term food inflation

• 2022 summer heat in Europe accompanied by 0.43 to 0.93 percentage point increases in food inflation

• Climate modeling projects "climateflation" amplification of 30-50% by 2035 due to temperature increases

• Hotter than average countries already feeling greater impact on ability to sustain agriculture