January 31, 2025
Rebecca Mari on flooding and the economy
How do floods impact GDP and inflation?
is the Co-Head of the Climate Hub at the Bank of England. She sat down for an interview at the 2025 òòò½Íø poster session to talk about the impact of floods on economic output and prices at the sectoral level. She found that floods had a range of different effects on different sectors of the economy. She argues that floods can act as both demand and supply side shocks, with potential consequences for core inflation.