Rising costs have forced InBev Belgium, the local division of Anheuser-Busch InBev, to raise beer prices in the country, the brewer has said.

Beer prices will rise 3.5% on average from 15 March, due to rising business costs, InBev Belgium said today (8 January).

It said the increase was necessary in order to manage costs "in a beer market in structural decline" and to "ensure the long-term success of the company, its brands and its partners".

Anheuser-Busch InBev, the new brewing giant formed by InBev's US$52bn takeover of its rival, has its headquarters in Leuven, Belgium.