Danone CEO flags price uncertainty as Iran war escalates: ‘Nobody knows' how conflict will play out

Consumer goods companies increasingly take stock of how the Iran war may impact their operations and costs base, as the conflict enters its sixth week..

• In this article Danone'sCEO told CNBC that inflationary pressures from the Iran war may force the company to consider price hikes as the outlook for conflict in the Middle East remains highly uncertain
• When asked if the company would be raising prices, CEO Antoine de Saint-Affrique said, "we are not there yet
• " "Nobody knows when [the war] is going to stop, and depending how the next two to four weeks are going to evolve, the outcome from a macroeconomic standpoint, is going to be very, very different," he told CNBC'sCharlotte Reed