Better than the rest
SABMiller said beer sales to retailers at its U.S. division Miller Brewing dipped 0.3 percent in the last quarter 2004, but this compared favourably to a U.S. beer industry which saw beer volumes down between 1.5 and 2.0 percent in that quarter. SABMiller blamed the beer volume fall on the rise in petrol prices in the U.S., price discounting in the beer market in December and rising consumption of wines and spirits. Now, what’s new about that?
