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The Nexus
BUSINESSMay 13 · 19:04 UTCCNBC TOP

Beer demand stumbles as gas prices surge, data show

U.S. beer sales have declined due to higher gas prices affecting consumer spending, particularly in convenience stores and states with high fuel costs. The surge in gas prices is squeezing consumers, leading to a slump in beer demand. This trend is notable in areas with high fuel costs.

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