Key facts
- Reckitt CEO Kris Licht expects a delayed inflationary impact from the Iran crisis.
- Global firms like Reckitt, De Beers, and Carlsberg cited tariffs and conflict as sources of uncertainty.
- The impact of the Iran crisis on prices and supply chains is expected to persist.
- De Beers CEO Al Cook described the current business environment as challenging with permanent damage from tariffs.
- European Central Bank chief economist Philip Lane indicated inflation is likely to remain sticky.
- Reckitt is experiencing strong growth in emerging markets despite challenges.
Global companies, including consumer goods giant Reckitt, diamond maker De Beers, and brewer Carlsberg, are experiencing one of the most uncertain business periods in recent history due to the Iran crisis and U.S. tariffs, with impacts on prices and supply chains expected to linger. Reckitt CEO Kris Licht anticipates a delayed inflationary effect from the Iran conflict, stating that while the impacts are clear, they will manifest with a lag over the next year. This uncertainty adds to existing challenges such as weak consumer sentiment and higher costs.