Beer giants struggling in Brazil

• Beer production in Brazil fell 2% last year as consumers struggled to meet some of the higher prices charged by brewers. It was the first time in four years production fell, according to government tracking.
• The region continues to be a disappointment for an industry (BUD, HINKY, ABEV, OTCPK:KNBWY) which has invested heavily on growth with the World Cup and Olympics both upcoming.