China Inflation Edged Up 0.1% MoM in Sep-25

China Inflation Edged Up 0.1% MoM in Sep-25 
China’s Consumer Price Index (CPI) rose 0.1% MoM in Sep-25, slightly below the long-term average of 0.14% since 1996. The modest increase reflects subdued inflationary pressure, with prices stabilizing after previous months of volatility. Historically, China’s monthly inflation peaked at 2.6% in Feb-08 and hit a record low of –1.8% in Jun-98. (Trading Economics)

China’s Producer Prices Fell 2.3% YoY in Sep-25, Easing From Prior Month 
China’s Producer Price Index (PPI) declined 2.3% YoY in Sep-25, easing from a 2.9% drop in Aug-25 and marking the softest contraction since Feb25. The data, in line with market expectations, reflects ongoing supply-side adjustments and pre-Golden Week industrial activity. Slower declines were seen in mining (–9.0% vs –11.5%), raw materials (–2.9% vs –4.1%), and processing (–1.7% vs –2.2%), while consumer goods prices stayed weak (– 1.7%). On a MoM basis, PPI was flat for the second month. (Trading Economics)

Gov’t Issued Perpres No. 109/2025 on Waste-to-Energy Development The govt officially issued Presidential Regulation (Perpres) No. 109/2025 on Waste-to-Energy (WtE) projects, replacing Perpres No. 35/2018 to accelerate environmentally friendly waste-based power generation. The regulation designates waste as a renewable energy source for PLN and supports the national effort to cut urban waste piles while boosting electricity supply. The total WtE investment value reaches USD 5 bn (IDR 82.97 tn), with Danantara set to co-finance through Patriot Bond funds of IDR 50 tn and open tenders for eight projects in four major cities by end Oct-25. (Kontan) Indonesia Processed Dairy Sales Dropped 20% in 3Q25 Amid Weak Demand Indonesia’s processed dairy industry recorded a 20% decline in sales as of 3Q25 due to weaker consumer demand, according to the Association of Dairy Processing Industries (AIPS). Executive Director Sonny Effendy said most producers saw lower sales YoY despite stable local milk supply. The govt’s Free Nutritious Meal Program (MBG) provided a slight boost, but with 80% of milk needs still met through imports, domestic production remains insufficient. (Kontan)

Solusi Sinergi Digital (WIFI) Won 1.4 GHz Frequency Auction for Regional I 
WIFI, through its subsidiary PT Telemedia Komunikasi Pratama, won the govt’s 1.4 GHz Broadband Wireless Access auction for Regional I—which includes Java, Papua, and Maluku—with a bid of IDR 403.76 bn. Meanwhile, PT Eka Mas Republik, a unit of DSSA Group, secured Regional II and III with bids of IDR 300.88 bn and IDR 100.88 bn, respectively. The auction, concluded on 15-Oct-25, marked a key milestone in expanding national wireless connectivity. (Kontan)