The Stoke boss believes his side were let down by collective and individual errors in defeat to the Reds, but labelled the decision to award Raheem Sterling a penalty as "poor"
Liverpool took an early lead through a deflected Ryan Shawcross own-goal and, despite doubling their lead, entered the break on level terms after goals from Peter Crouch and Charlie Adam.
However, the visitors restored their lead thanks to a Steven Gerrard penalty after a controversial decision against Marc Wilson and Hughes slammed referee Anthony Taylor.
"In terms of our performance I thought we were excellent," he told Sky Sports after the game. "Obviously we’ve made individual errors and collective errors and things have gone against us."
"I thought the penalty decision was really a poor one from the referee's point of view. I don’t think it merited a penalty decision there so we’re disappointed. But defensively we made too many errors today.
"At this level, in the Premier League level when you’re up against top players, then you have to deal with situations and one-on-ones that will stretch you and we have to be better in that regard."
Despite the fact he admitted his side 'lost concentration' at the end of the first-half, Brendan Rodgers was delighted with his team's attacking impetus with goals from duo Luis Suarez and Daniel Sturridge.
"For the first 38 minutes it was the perfect away performance and then we lost concentration and it went back to 2-2," he said after the game.
"But to play how we played and to get five and maybe get one or two more makes me very happy. To score the five goals that we’ve done and put in the work and effort that we did was fantastic.
"I think the both of them [Suarez and Sturridge] are really outstanding players. It was a great win for us and it was difficult conditions as well but we showed our character today which was great."