By Rogerio Jelmayer
SÃO PAULO--The inflation rate for São Paulo, Brazil's largest city, slowed during the four weeks that ended Nov. 15, as transportation costs eased in the period.
The consumer-price index rose 0.30% in the period, compared with an increase of 0.33% in the four weeks that ended Nov. 7, the country's Fipe research foundation said Friday.
Transportation prices rose 0.67% in the period, compared with a gain of 0.72% in the preceding period.
Food prices, which carry the greatest weight in the index, were down 0.58%, compared with a decline of 0.41% in the previous period.
On the other hand, housing-related costs, which include electricity bills, rose 0.41%, compared with a gain of 0.35% in the earlier period.
Write to Rogerio Jelmayer at Rogerio.Jelmayer@wsj.com
(END) Dow Jones Newswires
November 18, 2016 03:43 ET (08:43 GMT)
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