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Extreme heat has severely impacted the European economy, with analysts projecting a 0.2 percentage point drag on Eurozone Q3 GDP growth and a 1-2% increase in food inflation.
Economist Tomas Dvorak of Oxford Economics estimates that extreme heat in the summer of 2026 will push eurozone food inflation up by 1 to 2 percentage points and drag down third-quarter GDP growth by approximately 0.2 percentage points. Triodos Bank, a Dutch sustainable bank, released an analysis report stating that this heatwave and drought could lead to an annual GDP loss of about 1% for the EU, equivalent to approximately 180 billion euros (about 208 billion US dollars).
Source：华尔街见闻 · Source Link
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