Consumer companies hold back price hikes amid cost pressures and post-GST scrutiny

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 Auto-Industry-Economic Times https://ift.tt/kIBhi1U