Video / NZ HeraldWhile Britons are staring down the barrel of an 18 per cent inflation rate, when it comes to certain types of cheese they've still got one over Kiwis. An eagle-eyed camembert consumer has alerted the Herald to a wheel of the creamy cow's milk cheese costing more than five times as much in New Zealand compared to the UK. The cheese in question is Le Rustique Camembert, made in Normandy. Inflation in New Zealand was 7.3 per cent for the three months to June, the highest level since 1990. In the UK, Citigroup predicts inflation will soar to levels above 18 per cent next, powered by surging gas prices, the Financial Times has reported.

Source: New Zealand Herald September 03, 2022 07:09 UTC