United States Posted 2.9% Inflation Rate in Aug-25

MACROECONOMY
United States Posted 2.9% Inflation Rate in Aug-25

The US annual inflation rate accelerated to 2.9% in Aug-25 (vs Jul-25; 2.7%; +0.2ppt YoY), the highest since Jan-25, in line with market expectations. Prices rose faster for food (+3.2% YoY), used cars and trucks (+6.0% YoY), and new vehicles (+0.7% YoY). On a monthly basis, CPI rose +0.4% MoM (vs forecast +0.3%), driven mainly by shelter (+0.4% MoM). Meanwhile, core inflation remained steady at +3.1% YoY, with core CPI
rising +0.3% MoM. (Trading Economics)

INDUSTRY
Kereta Api Indonesia (KAI) Transported 37.4 mn Tons of Coal as of Aug-25
As of 8M25, KAI transported 37.47 mn tons of coal, up 4% YoY from 36.06 mn tons. Most of the coal was delivered to PLTUs supplying electricity for ~158 mn residents in Java and Bali. Management emphasized coal transport as a backbone of national energy logistics, ensuring stable supply and supporting energy security. (Kontan)

COMPANY
Solusi Sinergi Digital (WIFI) Set Capex IDR 3.5 tn for 2025 Expansion
The co. allocated IDR 3.5 tn capex in 2025, funded by IDR 1 tn equity injection and IDR 2.5 tn bonds. It targets 5 mn homepass within 12 months, starting with Java, where it has built networks in 400 of 592 stations and reached 800k homepass as of Jun-25. Current Starlite network serves 400k customers, supported by 400 local contractors and partnerships with global firms such as Japan’s NTT
East. (Kontan)

Aneka Tambang (ANTM) Built New Gold Plant in Gresik to Boost Domestic Supply
ANTM announced the construction of a new gold manufacturing plant named Avere in Gresik, East Java, with an estimated investment of IDR 1.1 tn. The project, currently in the pre-construction stage, is developed in partnership with Freeport Indonesia, from which ANTM will source 30 tons of refined gold annually. The new facility will add production capacity of around 5 mn gold bars or coins per year and is targeted to start operating by late 2027. (Bisnis.com)