Indonesian shares fell 0.5% to 6,566 in Wednesday morning trading, ending a two-day advance as U.S. futures mostly weakened after Wall Street recorded its third consecutive loss overnight. Higher bond yields and oil prices pressured markets, while domestic sentiment also faced a sharp rise in August headline inflation to 3.19% from July’s three-month low of 2.28%, slightly above expectations. Food costs rose amid El Niño’s impact, and core inflation (excluding volatile food and energy) reached its highest level since March 2023. A surprise July trade surplus, driven by stronger-than-expected exports, limited the decline. Newly appointed Bank Indonesia governor Destry Damayanti projected 2027 GDP growth at 5.2%–6% and estimated the rupiah at 17,300–17,800 per dollar next year. Infrastructure, energy and non-cyclical stocks led losses, with Petrindo Jaya Kreasi, Vale Indonesia, Alamtri Minerals and Kalbe Farma among the notable decliners.