While I do not necessarily agree with what
@Shivansps is saying - namely, he wants to pay the same price generation-over-generation for the same amount (or more) of CPU + iGPU performance - it should be clear that nobody can force Intel to be competitive at this point. Were Intel competitive, they would have Golden Cove-based products on the market right now, and AMD would have to react to that, driving prices lower in several segments.
Instead Intel is giving us a big fat goose egg.
AMD will let their prices creep upwards. You may or may not continue to see bang-for-buck in some segments - in my opinion, the 4750G PRO is a really nice deal just because it's cheaper than a 3700X and outperforms a 3700X - in fact, proerly-tuned, it may outperform a 3800XT! And the 4c/8t Renoir parts may stack up well against the 3300X which is impossible to get anyway. I would have to look harder at how well they perform out-of-box and what tuning options are available to really make a more-salient comment there. Regardless, no matter how well-positioned some of these current and future products will be wrt the rest of the market, prices overall will go up. The only thing that could keep that from happening would be Intel selling something better than their current lineup of products.