Heat waves scorched Europe this week as record-high temperatures killed hundreds and sparked fires in France, Spain and even London. But Europeans weren’t the only ones sweltering under the sun. Americans in the South and Midwest have also been sheltering from blistering temperatures that broke records in some cities. While Brits got a brief respite from a thunderstorm, more Americans – including me – will face dangerous conditions this week as heat waves spread.

But besides the obvious effects extreme heat has on individuals, economies suffer too, writes University of Arizona economist Derek Lemoine. And that’s bad news for the U.S. and Europe, whose economies are already feeling the severe strain of high inflation. Lemoine, who studies the effects of weather and climate change, explains four ways heat waves hurt economic growth.

Also today:

Bryan Keogh

Deputy Managing Editor

A runner tries to beat the heat by working out in the morning. AP Photo/Michael Probst

How record-setting heat waves in cities across UK, US and mainland Europe could punish economies already reeling from inflation

Derek Lemoine, University of Arizona

The UK recorded blistering hot temperatures as the US and Europe also experienced sweltering heat waves.

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