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NZ Herald's Liam Dann: Cheese prices may be responsible for CPI increase

Author
Newstalk ZB,
Publish Date
Thu, 20 Jul 2023, 8:33pm
 (Photo / 123RF)
(Photo / 123RF)

NZ Herald's Liam Dann: Cheese prices may be responsible for CPI increase

Author
Newstalk ZB,
Publish Date
Thu, 20 Jul 2023, 8:33pm

Cheese prices still remain high- and they may be responsible for inflation being stubbornly high.

Stats NZ singled cheese prices out as being one of the culprits responsible for a 6 per cent increase in the Consumers Price Index for the June year.

NZ Herald business editor at large Liam Dann says cheese prices are still high despite a fall in GDT auction prices- and demand is clearly high.

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