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Nov. 15 (Bloomberg) -- Malaysian inflation has peaked and stabilized after accelerating in September, central bank Governor Zeti Akhtar Aziz told reporters in Kuala Lumpur today.
Consumer prices rose 3.4 percent from a year earlier after climbing 3.3 percent in August, the Putrajaya-based statistics department said on Oct. 21. Central bank policy makers left interest rates unchanged at 3 percent for a third straight meeting on Nov. 11, seeking to support growth as Europe’s debt crisis curbs demand for Asian exports.
--Editor: Barry Porter
To contact the reporter on this story: Elffie Chew in Kuala Lumpur at echew16@bloomberg.net.
To contact the editor responsible for this story: Stephanie Phang in Singapore at