Extreme weather events like heatwaves and heavy rainfall are becoming more frequent. What many don’t realize is that these climate shocks can also influence inflation. Research shows that both high temperatures and heavy precipitation create lasting upward pressure on prices—often for over a year. So how might future climate change reshape inflation trends? Find out in the video now 🎥 For more details, please refer to [BOK Issue Note No.2025-25] 「The Inflationary Impact of Intensifying Extreme Weather : Evidence on Persistence and Nonlinearity」 📌[BOK Issue Note No.2025-25] 🔗https://buly.kr/DEaDJ09 #ClimateChange #Inflation #NaturalDisaster #ExtremeWeather