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

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Release Date	:	August 2, 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 July 2021 amounted to 119.93 or fell 0.11 percent compared to NTP June 2021. The decrease in NTP was caused by an increase of IT which was slower compared to IB's increase.

• NTP according to the largest sub-sector for food crop subsector (NTP-P) 102.61; Horticulture Sub-sector (NTP-H) 108.63; People's Plantation Plant Sub-sector (NTP-R) 136.84; Livestock Sub-sector (NTP-T) 99.16; and Fisheries Sub-sector (NTNP) 105.79.

Related Official Statistics News

JULY 2017, FARMERS’ TERMS OF TRADE IN SULAWESI BARAT WAS 104.42

August 2021, Farmers Term of Trade of Sulawesi Barat farmers was 121.94. Rose 1.68% compared to July 2021

April 2022, Farmers Terms of Trade of Sulawesi Barat farmers is 127.24. Down 2.08% compared to March 2022

August 2017 Farmers Terms of Trade Was 106,07

July 2022, the exchange rate of Sulawesi Barat farmers is 100.36. Down 7.86% compared to June 2022

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