Food and Energy Price Rises Squeeze Purchasing Power as Supply Chains Shift Toward Resilience

Rising food and energy prices are putting pressure on purchasing power as supply chains move toward greater resilience, according to supply chain expert Dr. Mostafa Gad, speaking from Dubai.

Gad said increases in food prices across the European Union in recent years reflect the effects of a series of shocks to the global economy.

His assessment places the rise in European food costs in a broader economic context, linking price pressures to successive disruptions rather than a single event.

The pressure on purchasing power highlights the strain that higher essential costs place on consumers. At the same time, the shift toward more resilient supply chains points to the growing importance of being able to withstand disruption.