Sounds strange to increase prices at the same time as volumes are dropping and the recession is trimming budgets but maybe it will work out for them. As long as Beerlao doesn't change I won't notice, though maybe they can stop the sound on their website. CNNMoney:
Brewers across the globe are hiking prices to compensate for lower sales volumes and higher commodity costs.
Anheuser-Busch InBev, the world's largest brewer and maker of Budweiser, announced plans to raise prices Tuesday.
"We plan on taking price increases on a majority of volume and in a majority of markets this fall," Anheuser-Busch InBev said in a statement. "The increase helps cover some input costs."
The U.S.-Belgian brewer said prices will go up "across different price tiers," including its high and low-end brands.
MillerCoors - the maker of popular beers Miller Lite, Coors Lite and Blue Moon - is also raising prices, according to Benj Steinman, the editor of industry trade group "Beer Marketer's Insights."
