Beer price hike to have limited impact on market


A bartender serves a glass of Carlsberg beer at a bar in Kuala Lumpur, Malaysia in this July 4, 2012 file photo. - REUTERS

PETALING JAYA: The quantum of price increase for beer is manageable and has a limited negative impact on the malt liquor market volume, said CGS-CIMB.

The research house said the price increase did not come as a surprise as breweries have been affected by rising key raw material prices.

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