Consumer goods companies are delaying routine price hikes despite a rise in input costs, as they fear scrutiny after recent GST rate cuts. Firms in categories such as soaps, biscuits, detergents, automobiles and electronics are seeking clarity from the government through industry bodies before making any pricing decisions.
from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/personal-care-pet-supplies-liquor/consumer-companies-hold-back-price-hikes-amid-cost-pressures-and-post-gst-scrutiny/125519412
from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/personal-care-pet-supplies-liquor/consumer-companies-hold-back-price-hikes-amid-cost-pressures-and-post-gst-scrutiny/125519412