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Consumer Goods Prices Set to Surge by 2026

2/1/2026

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Summary

Story summary

Chartered Institute of Procurement and Supply (CIPS) says consumer goods prices, including computers and machinery, may rise in 2026 due to shipping costs.
A survey of procurement professionals found 22% expect costs to rise more than 10% by the end of 2025.
Shipping rates between Asia and the United States have surged nearly 30%.
CIPS Chief Executive Ben Farrell says volatility in logistics costs is common, with U.S. tariffs contributing.

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Story summary

Chartered Institute of Procurement and Supply (CIPS) says consumer goods prices, including computers and machinery, may rise in 2026 due to shipping costs.
A survey of procurement professionals found 22% expect costs to rise more than 10% by the end of 2025.
Shipping rates between Asia and the United States have surged nearly 30%.
CIPS Chief Executive Ben Farrell says volatility in logistics costs is common, with U.S. tariffs contributing.