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Anheuser-Busch hikes beer prices

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Anheuser-Busch is raising prices for the second time this year.

A planned October increase follows a price hike in February. With both increases, the markup will be nearly 8% this year, right around the rate of inflation.

A company official cited an "unpredictable, unprecedented external environment with no relief in sight."

Read more from the St. Louis Post-Dispatch.

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