Indonesia’s Inflation Accelerated to 2.37% in Jul-25

MACROECONOMY
Indonesia’s Inflation Accelerated to 2.37% in Jul-25

Indonesia’s annual inflation rose to 2.37% in Jul-25 (vs Jun-25; 1.87%), slightly above expectations (2.24%) and marking the highest level since Jun-24 still within BI’s 1.5–3.5% target range. The surge was mainly driven by food inflation, which jumped to 3.75% (vs 1.99% in Jun), the highest in 13 months. Core inflation moderated to 2.32% (vs 2.35% in Jun). On a monthly basis, CPI rose 0.3% (vs 0.19% in Jun). (Trading Economics)

 

 

INDUSTRY
Indonesia's Coal Exports Drop in 1H25 Amid Global Oversupply
In 1H25, Indonesia’s coal exports is at USD 11.97 bn (-21.09% YoY) driven by a 6.33% drop in volume and lower average prices. The decline was expected due to global oversupply, with major producers like China and India increasing output. Export targets face pressure as key markets shift demand toward higher-calorie coal, challenging Indonesia’s dominance with its lower-calorie exports. (Kontan)


COMPANY
KKR to Finalise USD 140–150mn Exit from Nippon Indosari (ROTI)
KKR has finalised its exit from ROTI, selling its 22.2% stake for USD 140–150 mn, implying a full equity valuation of USD 631–676 mn (IDR 10.1–10.8 tn). The deal values ROTI at IDR 1,460–1,565 per share, or a premium of 80–93% over its current market price of IDR 810. The deal is led by Jaka Prasetya (ex-KKR, now Leafgreen Capital) and may include a debt component. (DealStreetAsia)
Premium exit signals long-term confidence despite soft earnings — buyer sees upside the market may be missing.