date:May 08, 2014
by a mid-single-digit amount.
Household spending in Russia is being squeezed as inflation accelerates amid a drop in the ruble prompted by the governments conflict with Ukraine. Carlsberg was already expanding elsewhere, especially in Asia, as growth in Russia was hampered by tighter rules to curb drinking. Beer volume on an organic basis fell in eastern Europe in the first quarter as well as in Asia, where the company posted an increase last year.
I get no better feeling in the stomach about