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Preventing automated price uplift on renewal

Hi, I have a lot of subscriptions where the rate plan charges have their 'price change option' set to 'Use Latest Product Catalog Pricing'. This is actually not the behaviour we want; I want to be able to change the catalog price without the price of these charges changing on renewal.

 

Is it sufficient to change the 'Enable Automatic Price Change when Subscriptions are Renewed?' setting to 'No' in the default subscription settings to achieve this, or do I need to update all of these subscriptions to set their 'price change option' to 'No change'?

 

Many thanks