Beer giants struggling in Brazil

|By:, SA News Editor

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, KNBWY) which has invested heavily on growth with the World Cup and Olympics both upcoming.