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EconomyDrought in Germany and Europe is driving up costs

Ongoing drought in Europe is drying up rivers and damaging crops, raising transport costs and food prices. Research institutes have not yet quantified the effect on German inflation, but restricted Rhine shipping, higher energy transport costs and climate change could create more persistent price pressures.

GermanyEuropedroughtinflation

DDW★★★★☆2026-08-20 16:30Original

Drought in Germany and Europe is driving up costs
Drought in Germany and Europe is driving up costsEconomy