By Rogerio Jelmayer
SAO PAULO--The inflation rate for Sao Paulo, Brazil's largest city, increased during the four weeks ended Nov. 7, as transportation and housing-related picked up in the period.
The consumer-price index rose 0.33% in the period, compared with an increase of 0.27% in October, the country's Fipe research foundation said Thursday.
Transportation prices rose 0.72% in the period, compared with a gain of 0.71% in the preceding period.
Housing-related costs, which include electricity bills, rose 0.35%, compared with a gain of 0.20% in the earlier period.
On the other hand, food prices, which carry the greatest weight in the index, were down 0.41%, compared with a decline of 0.27% in the previous period.
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(END) Dow Jones Newswires
November 10, 2016 04:56 ET (09:56 GMT)
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