Beer is defying the economic slowdown, AB-InBev CEO says

Beer is defying the economic slowdown, AB-InBev CEO says

Economic slowdowns around the world hasn’t yet led to beer sales going flat for mega-brewer AB-InBev.

“I think that demand is holding,” AB-InBev CEO Michel Doukeris said on Yahoo Finance Live (video above). “Beer as a category is very resilient.”

AB-InBev produces everything from good old affordable Bud Light to more premium priced non-beers such as CutWater.

Doukeris says not only haven’t beer sales waned this year, consumers don’t appear to be trading down to cheaper alternatives.

“Not yet —…


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