Economists say rising unemployment is the new pain set to hurt New Zealand's economy on the back of unexpectedly high inflation figures.
Data for the September quarter shows prices rose by 7.2 percent in the last year - down from 7.3 percent in June - but higher than the Reserve Bank had expected.
There are forecasts our central bank will now increase the official cash rate to as high as five percent next year.
Council of Trade Unions economist Craig Renney and New Zealand Initiative chief economist Eric Crampton spoke to Corin Dann.
