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flag Butter prices in New Zealand soar 46.5%, affecting locals but boosting farmers and jobs.

flag Butter prices in New Zealand have jumped by 46.5% over the past year due to global dairy prices and high demand for exports. flag While this impacts local consumers, economists argue it benefits the economy by boosting farmer profits and creating jobs. flag Proposals to lower prices, like removing taxes on dairy or regulating Fonterra, face economic consequences. flag Experts suggest focusing instead on improving incomes to match rising global demand for dairy.

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