Economies already under stress respond more strongly to weather events like heat waves, river floods and tropical cyclones, a new study shows. A global economic crisis as during the Covid-19 pandemic strongly amplifies the price increases private households experience from the impacts of weather extremes, a team of researchers from the Potsdam Institute for Climate Impact Research (PIK) finds. The price impacts tripled in China, doubled in the United States and increased by a third in the European Union.