The Chartered Institute of Procurement and Supply warned consumer prices could rise sharply as shipping costs surge.
Procurement leaders reported growing supply chain disruption affecting computers, machinery, and transport equipment.
Shipping and logistics saw the steepest increases, with many costs rising more than 10%.
Price volatility now looks permanent after the pandemic and rising geopolitical tensions.
The group said tariffs and trade tensions, including policies linked to Donald Trump, add further pressure.
Soaring Shipping Costs Threaten Higher Consumer Prices, CIPS Warns
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