Analysts tracking the performance of the Philippine economy have issued a wide range of forecasts for growth in the first quarter, from 6.4 percent to 7.2 percent, on the back of strong manufacturing and private consumption, as well as improving exports and government spending.

The estimates made by the analysts, or economists from seven financial institutions polled by The Manila Times, put the average growth rate at 6.8 percent for the quarter ending March 2017, the same rate of expansion achieved a year earlier.

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