New Zealand's GDP growth rate beats forecasts

New Zealand's economy growth rate was higher than the forecasts for last quarter of 2015. Led by business services, retail, accommodation and construction sectors, the country's gross domestic product (GDP) surpassed the forecasts made by Reuters and Reserve Bank. But, the overall growth eased to 2.3 percent in 2015 from 4.1 percent in 2014.

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Coming up next week: New Zealand's financial stability report, BOE's quarterly inflation report, US: unemployment claims, retail sales and consumer sentiment

Next week the RBNZ is going to release its financial stability report and on Tuesday Governor Graeme Wheeler is scheduled to speak. BOE quarterly inflation report & US unemployment claims, retail sales and consumer sentiment are to be released in the upcoming week.

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