The Makati Business Club (MBC) is bullish about the local economy this year as its members expressed a general sense of bullishness in the group’s first-semester executive outlook survey for 2017.

MBC said that its members were highly optimistic that the local economy would either surpass or sustain last year’s 6.8-percent GDP growth, withstanding anticipations of an increase in inflation and interest rates this year amid a critical outlook on trade.

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