Consumer Prices May Rise as Shipping Costs Spike, CIPS Warns

Rising shipping, energy, and raw material costs could push up consumer prices in 2026, Chartered Institute of Procurement and Supply said.
CIPS warned of growing cracks in global supply chains affecting computers, machinery, and transport equipment.
Procurement leaders reported the highest supply disruption concerns in two years.
Shipping and logistics costs rose fastest, with 22% reporting increases above 10%.
Computer and electronics prices also climbed, with major brands raising prices last year.
CIPS said volatility now defines global trade rather than temporary disruption.