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With prices rising on cheap beer, some consumers spend extra on premium

by Andy Uhler

Oct 27, 2022

Anheuser-Busch InBev says beer sales were up in the third quarter, in part because some consumers shifted to "premium" brands.

Anheuser-Busch InBev has passed along the costs of barley, hops, transportation and fuel by raising the price of Bud Light and convincing consumers to buy higher priced "premium beers."

Scott Olson/Getty Images

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