This time last year The Warehouse was selling a 500g block of butter for $4.30 but yesterday it was $6.90 – a rise of $2.60 or 60.47%. But it was still the cheapest butter on offer compared with ...

Milk was up 14.3 percent for the year, to $4.57 for two litres, butter was up 46.5 percent to $8.60 for a 500g block, and cheese was up 30 percent to $13.04 for a 1kg block.