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    Home»Business & Economy»Soaring Shipping Costs Threaten Sharp Rise in Consumer Prices
    Business & Economy

    Soaring Shipping Costs Threaten Sharp Rise in Consumer Prices

    Andrew RogersBy Andrew RogersFebruary 1, 2026No Comments1 Min Read
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    The Chartered Institute of Procurement and Supply warned rising shipping costs could push up consumer prices in 2026.
    Its survey found growing supply chain disruption affecting computers, machinery, and transport equipment.
    Procurement teams reported the highest disruption concerns in two years.
    Shipping and logistics saw the steepest increases, with many costs rising over 10%.
    Price volatility now looks permanent amid geopolitical tension and trade uncertainty.
    CIPS said tariff risks and global instability could fuel further inflation for consumers.

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    Andrew Rogers
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    Andrew Rogers is a freelance journalist based in Chicago, USA, with over 10 years of experience covering Politics, World Affairs, Business, Health, Technology, Finance, Lifestyle, and Culture. He graduated with a degree in Journalism from the University of Florida. Over the years, he has contributed to leading outlets such as The New York Times, CNN, and Reuters. Recognized for his sharp reporting and thoughtful analysis, Andrew delivers accurate and timely news that keeps readers updated on key national and global developments.

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