#CNBC Consumer staples will lose pricing as energy costs rise from Hormuz blockage, says RBC’s Nik Modi

Consumer staples will lose pricing as energy costs rise from Hormuz blockage, says RBC’s Nik Modi
Nik Modi, RBC Capital Markets co-head of global consumer and retail research, joins ‘The Exchange’ to discuss if food prices will move higher, which companies are most vulnerable and much more.

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