Costs Could Skyrocket by 20% in 2025, Trade Experts Issue Warning
The Chartered Institute of Procurement and Supply (CIPS) has issued a stark warning for global consumers and businesses alike—prices on goods and everyday staples could soar by as much as 20% in the year 2025. Geopolitical instability, supply chain disruptions, and potential tariffs under a Trump-led administration are chief among the factors driving up costs….