The Chartered Institute of Procurement and Supply warned soaring shipping costs could push up consumer prices in 2026.
CIPS said supply chain risks reached a two-year high, signalling growing disruption.
Procurement leaders reported sharp cost rises in shipping, computers, machinery, and transport equipment.
Shipping costs rose by more than 10% for over a fifth of firms surveyed.
Electronics prices already increased late last year, with brands raising prices by about 15%.
CIPS said volatility now feels permanent, driven by geopolitics and trade tensions.
Threats of new tariffs under Donald Trump have added pressure to global trade routes.
Consumer Prices Set to Rise as Shipping Costs Jump, CIPS Warns
Andrew Rogers
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.