Inflation Spikes in EuropeThe 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.