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June 2021, the exchange rate of Sulawesi Barat farmers was 120.06. Fell 0.01% compared to May 2021

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Release Date	:	July 1, 2021
File Size	:	0.29 MB

Abstract

• NTP is a comparison of IT against the IB used to show the exchange power of agricultural products with goods and services consumed and for production costs. The higher the NTP, relatively stronger the level of ability / purchasing power of farmers.

• Starting in January 2020, the basic year changes in the calculation of the price index received by farmers (IT) and the price index paid by farmers (IB) from the 2012 base year = 100 became the basic year of 2018 = 100. Both types of index are components in calculating farmer exchange rates (NTP). This basic year change was carried out to adjust changes in production patterns, production costs, and consumption of agricultural households in rural areas. In the basic year 2018 = 100 increased coverage of commodities both in the IT and IB commodity packages compared to 2012 basic year = 100.

• Sulawesi Barat NTP June 2021 amounted to 120.06 or fell 0.01 percent compared to NTP May 2021. The decline of NTP which was very small was caused by an increase of IT which was very slow even tended to be the same when compared to IB's increase, which both experienced an increase of 0 05 percent.

• NTP according to the largest sub-sector for food crop subsector (NTP-P) 102.65; Horticulture Sub-sector (NTP-H) 108.28; People's Plantation Plant Sub-sector (NTP-R) 137.44; Livestock Sub-sector (NTP-T) 97.11; and Fisheries Sub-sector (NTNP) 106.39.

• For a national scale, NTP in June 2021 was 103.59; Up by 0.19 percent compared to May, and experienced a decrease in household consumption index by 0.35 percent.

Related Official Statistics News

December 2021, the exchange rate of Sulawesi Barat farmers was 129.66. Fell 0.52% compared to November 2021

June 2022, the exchange rate of Sulawesi Barat farmers is 108.92. Down 4.46% compared to May 2022

May 2024, the exchange rate of Sulawesi Barat farmers was 143,16. Up 3.13 % compared to April 2024

Farmers Terms of Trade July 2021 in Sulawesi Barat was 119.93. Down 0.11% compared to June 2021

June 2024, the exchange rate of Sulawesi Barat farmers was 148.56. Up 3.77 % compared to April 2024

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