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New Zealand announcement

New Zealand Terms of Trade 2026-07-08 10:45 Pacific/Auckland: data, chart, and analysis

The 2026-03-31 Terms of Trade release printed 155.996. The previous reading was 159.27, while the forecast field is 158.97. Traders usually read this release against the recent trend, the Reserve Bank of New Zealand policy bias, and the surprise versus consensus.

Back to Terms of Trade API reference
Actual
155.996
Previous
159.27
Forecast
158.97

FXMacroData Blended Forecast

Public release ID
nzd_terms_of_trade_2026-07-08

New Zealand Terms of Trade release chart

Market context, recent readings, and scenario notes for this announcement.

New Zealand Terms of Trade chart through 2026-03-31
NZD Terms of Trade readings through 2026-03-31. Latest: 155.996.

Terms of Trade release read

The 2026-03-31 Terms of Trade release printed 155.996. The previous reading was 159.27, while the forecast field is 158.97. Traders usually read this release against the recent trend, the Reserve Bank of New Zealand policy bias, and the surprise versus consensus.

The forecast marker for this release is 158.97 from FXMacroData Blended Forecast. Compare it with the actual value to assess the direction and size of the surprise.

The parent Terms of Trade page shows the full time series for New Zealand. This release page keeps the realised value, prior value, forecast, reference period, and publication time together for the individual announcement.

For NZD event-risk work, the important read is whether this print changes the recent trend or simply extends it. Compare the actual value with the previous and forecast fields above, then use the raw JSON below for backtests keyed to the stable announcement ID.

Release data snapshot

The values below are the citation fields for this announcement.

Public release ID nzd_terms_of_trade_2026-07-08
API announcement ID nzd_terms_of_trade_2026-03-31
Release time
2026-07-07 22:45 UTC
Reference period date 2026-03-31
Actual value 155.996
Previous value 159.27
Forecast 158.97 FXMacroData Blended Forecast
Surprise -2.974
Announcement timestamp 1783464300

API data for this announcement

The API endpoint returns the full New Zealand Terms of Trade history. Clients can filter by date or match this row by announcement_id.

Forecasts live in the predictions endpoint and use the same announcement identifier where available. That is the preferred join key for realised values, forecast surprises, and release-event backtests.

More New Zealand Terms of Trade releases

Move through adjacent announcement records for the same series.

Older release

2025-12-31 18:00 Pacific/Auckland · 159.27

Related New Zealand indicators

Continue from this release into adjacent macro series for the same country.

Central Bank Reserves - Domestic Currency

Central Bank Reserves - Foreign Currency

Central Bank Reserves - Gold
Raw announcement payload

Field names are preserved for traceability and downstream testing.

{
  "announcement_datetime": 1783464300,
  "announcement_datetime_local": "2026-07-08T10:45:00+12:00",
  "announcement_id": "nzd_terms_of_trade_2026-03-31",
  "change_from_previous": -3.2737999999999943,
  "collected_at_iso": "2026-07-10T04:51:19.220970Z",
  "collected_at_ns": 1783659079220970495,
  "date": "2026-03-31",
  "forecast": 158.97,
  "forecast_source_label": "FXMacroData Blended Forecast",
  "observation_id": "nzd_terms_of_trade_canonical_level_default_standard_period_2026-03-31",
  "pct_change_from_previous": -2.06,
  "pct_change_qoq": -2.06,
  "pct_change_yoy": 3.61,
  "prediction_type": "fxmacrodata",
  "previous_announcement_datetime": 1767157200,
  "previous_date": "2025-12-31",
  "previous_value": 159.2699,
  "revisions": [
    {
      "epoch": 1783464300,
      "val": 155.9961
    }
  ],
  "val": 155.9961
}