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Congo H1 copper output up 15%, inflation to hit 52% – central bank

Copper output in Congo, Africa’s top producer of the metal, rose 15% year-on-year in the first half of 2017 to more than half a million tonnes, and cobalt production surged 27% to almost 40 000 t, the central bank said. But despite higher commodity production, Democratic Republic of Congo’s central bank forecast year-end inflation at 52.6%, up from an earlier projection of 48% and from last year’s figure of 25%.