Brazil: AB InBev expects decline in Brazil’s beer market

Anheuser-Busch InBev, the world's largest beer maker, said on October 31 that beer sales in its huge Brazilian market would decline this year as high food price inflation left consumers there with less to spend on beer.

The maker of Budweiser, Beck's and Stella Artois said in a statement that it now expected Brazilian beer industry volumes to be at the lower end of its previous range of flat to a low single-digit percentage decline.