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    Home»Business & Economy»Consumer Prices Face Rise as Shipping Costs Spike, CIPS Warns
    Business & Economy

    Consumer Prices Face Rise as Shipping Costs Spike, CIPS Warns

    Andrew RogersBy Andrew RogersFebruary 1, 2026No Comments1 Min Read
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    Prices for consumer goods could surge in 2026 as shipping, energy, and raw material costs continue to climb, according to Chartered Institute of Procurement and Supply.
    CIPS said cracks are forming in global supply chains, especially for computers, electrical machinery, and transport equipment.
    A late-2025 survey showed supply chain disruption concerns at a two-year high.
    Procurement leaders reported shipping costs as the fastest-rising expense, with many seeing increases above 10%.
    Rising freight rates from Asia to the US and Europe are already feeding inflation pressure.
    CIPS warned volatility may become permanent amid geopolitical tensions and trade uncertainty.

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    Andrew Rogers
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    Andrew Rogers is a freelance journalist based in the USA, with over 10 years of experience covering Politics, World Affairs, Business, Health, Technology, Finance, Lifestyle, and Culture. He earned his degree in Journalism from the University of Florida. Throughout his career, he has contributed to outlets such as The New York Times, CNN, and Reuters. Known for his clear reporting and in-depth analysis, Andrew delivers accurate and timely news that keeps readers informed on both national and international developments.

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