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Transcripts for BBCNEWS Newsnight 20240604 21:50:00

but economists are increasingly pointing to evidence that it is also having an affect on inflation as crops fail, wine grapes shrivel and vegetables dry. and it s got a name. climateflation. here s ben. a brutally hot summer for the planet and hot prices, too. is there a link? some grocery data today suggests uk food price inflation is starting to abate. yet there are warnings that the painful spike in food prices we ve seen over the past year has been partially driven by global warming. some have termed it climateflation. it s an argument that global warming is already contributing to our cost of living pressures. what s the evidence for it? a big driver in the spike of global food prices last year was manifestly the russian invasion of ukraine, which curtailed exports of grain and fertiliser from the country, which is responsible for a large

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