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Inflation Spikes in Europe

The New York Times

In August 2022 prices in the Eurozone hit a new record with inflation impacting businesses and consumers across the continent. The New York Times’ global economics correspondent, Patricia Cohen reported on how rising energy prices have been squeezing Europeans’ pockets.

 

I always find that the global forces of the economy are best understood through the prism of people’s lives. Charts and graphs can feel alienating, while human stories are always tangible. So, to illustrate this story I headed to the small village of Afurada, south of the Douro River in Porto, to document how local fishermen have been coping with inflation.

 

Fisherman Manuel Tavares kindly lent me his time to explain how his day-to-day work has been impacted by the rise in fuel prices and how his catch has been fetching higher prices than ever in auctions. In other words, as Manuel rightly put it, “the fish are paying for the fuel”.

 

Commissioned by Renee Melides for The New York Times. Words by Patricia Cohen.

 

A man standing next to a pile of fishing nets.
Local fisherman Manuel Tavares, in Afurada, Porto (Portugal) discusses the affects and consequences of incresing price fuel and inflation. He prefers to now work alone, having more control over his earnings.
An elderly man's hand reaching out to the water.
Local fisherman Manuel Tavares, in Afurada, Porto (Portugal) discusses the affects and consequences of incresing price fuel and inflation. He prefers to now work alone, having more control over his earnings.
A blue boat with a man on it.
Local fisherman Manuel Tavares, in Afurada, Porto (Portugal) discusses the affects and consequences of incresing price fuel and inflation. He prefers to now work alone, having more control over his earnings.
A black and white picture of a fishing net.
Details and views of the dock in Afurada, Porto, Portugal.
A gray shirt on a man.
Local fisherman Manuel Tavares, in Afurada, Porto (Portugal) discusses the affects and consequences of incresing price fuel and inflation. He prefers to now work alone, having more control over his earnings.
A close up of a rope with a hook on it.
Details and views of the dock in Afurada, Porto, Portugal.
A group of boats in the water near a city.
Port areas in Porto.
A man is holding a bunch of bananas in a net.
Local fisherman Manuel Tavares, in Afurada, Porto (Portugal) discusses the affects and consequences of incresing price fuel and inflation. He prefers to now work alone, having more control over his earnings.
A man on a boat.
Local fisherman Manuel Tavares, in Afurada, Porto (Portugal) discusses the affects and consequences of incresing price fuel and inflation. He prefers to now work alone, having more control over his earnings.
A pile of fishing nets on the ground.
Details and views of the dock in Afurada, Porto, Portugal.
A blue sky.
Port areas in Gaia, Porto.
A man sitting on a bench.
Local fishermen at Afurada, Porto, Portugal discuss the increasing price fuels and inflation that have affected their profit and the prices of fish.
An aerial view of a city with boats docked in the water.
Port areas in Gaia, Porto.
A man is preparing food on a grill.
A group of people sitting at a table.
Local fishermen at Afurada, Porto, Portugal discuss the increasing price fuels and inflation that have affected their profit and the prices of fish.
Grilled fish on a grill.
Man wearing a black shirt.
The sky is blue.
Details and views of the dock in Afurada, Porto, Portugal.
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