SABMiller has announced a marginal drop in like-for-like sales of lager for the past three months, down by 1% for the quarter.

The brewing giant, whose major brands including Peroni and Grolsch, said overall volumes were up 1% compared to the equivalent period last year and 2% for the financial year to date.

Lager sales volumes dipped by 1% in Europe but improved by 2% in Latin America. In the US, sales to retailers by its MillerCoors joint venture fell by 2.3%.

"Consumer demand has been affected by the current global economic slowdown and has continued to weaken in many of the group's markets," the company said in a statement.

"The financial performance of the group in the quarter, supported by firm pricing and cost efficiencies, has been in line with our expectations, notwithstanding the relative strength of the US dollar against the group's major currencies."