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

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. LISTEN ABOVE