With oil prices cooling off a bit, FMCG companies are breathing a sigh of relief, as this will cut input costs and help to hold retail prices. "Most significant cost is oil and we have had a significant decrease in oil prices. In fact, it's headed southwards as we speak. So from this point of view if input moderates as expected. I wouldn't say we're ready for a price increase in the near term," said Sanjeev Duggal, CEO, Dabur.