German inflation figures and U.K. GDP will show just how deeply months of elevated energy costs have seeped into prices, and how much growth has taken a hit.

Record heat and droughts this summer - which scientists say are exacerbated by global warming - have wreaked havoc in power production, shipping, and public health systems.

The intense heatwaves sweeping across Europe this summer are leaving deep economic scars. With soaring temperatures and severe drought hampering agriculture and power generation,…