Consumer goods prices could rise sharply as global shipping costs continue to surge, an industry body warned.
The Chartered Institute of Procurement and Supply said cracks are forming in global supply chains.
Procurement leaders expect higher costs for computers, electrical machinery, and transport equipment in 2026.
Shipping and logistics face the steepest increases, with many firms reporting double-digit cost rises.
Rising energy, transport, and raw material prices are adding pressure across global trade.
CIPS said volatility now looks permanent, not a temporary post-pandemic disruption.
Rising Shipping Costs Threaten Sharp Increases in Consumer Prices
Andrew Rogers
Andrew Rogers is a freelance journalist based in Beijing, China, with over 15 years of experience covering Politics, World Affairs, Business, Health, Technology, Finance, Lifestyle, and Culture. He earned his degree in Communication and Journalism from the University of Florida. Over the course of his career, he has contributed to major outlets such as The Miami Herald, CNN, and USA Today. Known for his clear and engaging reporting, Andrew delivers accurate and timely news that keeps readers informed on both national and international developments.
