No January hikes? FMCG and auto firms stall routine price increases; act cautiously after recent GST cuts - Times of India

Rising production costs are putting pressure on consumer goods makers, but many are choosing to delay price hikes amid fears that any upward revision could trigger government action following the latest GST reductions.Executives from major firms in categories such as soaps, biscuits, detergents, automobiles and consumer electronics said they plan to approach the government and GST authorities, thr…