On the back of the rising economic activity, the experts are of a view that one can expect a rise in the capital goods imports in the coming times.

As per the figures released by Statistics New Zealand (SNZ), it put the value of plant and machinery imports to be close to $609 million.

It is to be mentioned here that the value quoted by the department was the highest since December 2008.

For the record, the transport equipment stood at close to $85 million which is the second highest in a span of the last 11 months. It may be noted here that the actual trade deficit stood at $ 532 million for the month of September for the NZ economy which was 17% of the exports and as compared to the average deficit of 28% for the past five preceding month of September in the last five years, the percentage has surely fallen for this time.

However, the annual trade balance for the economy was in a surplus as it stood at $921 million which was close to 2.2% of the exports and the imports were up $306m or 9.1 percent to $3.7b for the last month.