The Chartered Institute of Procurement and Supply warned that soaring shipping costs could push up prices for consumer goods in 2026.
CIPS said rising transport, energy, and raw material costs are creating cracks in global supply chains.
Procurement bosses reported growing disruption risks, the highest level in two years.
Shipping and logistics face the steepest increases, with 22% seeing costs rise more than 10%.
Prices for computers, transport equipment, and electrical machinery are already climbing.
CIPS said volatility now looks permanent, driven by geopolitics, tariffs, and trade tensions.
Shipping Cost Surge Risks Sharp Rise in Consumer Prices, CIPS Warns
By OMN AI
OMN AI
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