Costly beer and cars? Consumers, and profits, fine with that

  • AB InBev, the world’s largest brewer and maker of Stella Artois, on Thursday reported profit growth that was almost twice as much as analysts expected. (

Consumers seem undaunted by higher prices of everything from luxury cars to beer, letting companies like Anheuser-Busch InBev NV and BMW AG boost profits despite economic threats ranging from inflation to war to China’s Covid flare-up.