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The Belgium-based brewer’s third-quarter core profit rose 6.5% on a like-for-like basis to $5.31 billion, above the 5.2% climb forecast by analysts in a company-compiled poll.
A near-domination of the global carbonated drinks market has encouraged Coke and PepsiCo to raise prices this year on expectations that their products are traditionally among the last to feel the pinch during an economic slowdown.
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