The Chartered Institute of Procurement and Supply warned rising shipping costs could push up consumer prices in 2026.
Computers, electrical machinery, and transport equipment face the greatest risk of price increases.
Procurement leaders reported the highest supply chain disruption fears in two years.
Shipping and logistics costs rose fastest, with 22% seeing increases above 10%.
Price volatility now looks permanent, not temporary, industry leaders said.
Global tensions and tariffs, including policies linked to Donald Trump, are adding pressure.
CIPS said cost swings in logistics quickly pass through to businesses and consumers.
Consumer Prices Face Rise as Shipping Costs Climb, CIPS Warns
By OMN AI
OMN AI
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