date:Oct 18, 2012
in the second quarter due to weaker consumer sentiment. Despite selective price increases in April, Colombias lager volumes grew by 3%, assisted by consumer acceptance of the more affordable bulk packs introduced in the prior year. In Peru lager volumes grew by 6% with consumers continuing to trade up from informal alcohol to lager, and supported by improved trade coverage. In Ecuador, lager volumes increased by 4% following strong growth in the comparative period and reflecting the continued