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February 2022, the exchange rate of Sulawesi Barat farmers was 128.18. Up 0.80% compared to January 2022

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Release Date	:	March 1, 2022
File Size	:	3.76 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 January 2020 was made a change in the base year 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 is carried out to adjust changes in production patterns, production costs, and consumption of agricultural households in rural areas. In the basic year of 2018 = 100 increased coverage of commodity amounts both in IT and IB commodity packages compared to the 2012 base year = 100.

Sulawesi Barat NTP February 2022 was 128.18, up 0.80 percent compared to the January 2022 NTP which was 127.16. The increase in NTP was caused by IT which increased by 0.55 percent, on the contrary IB decreased by 0.24 percent.

NTP according to the largest sub-sector for food crop subsector (NTP-P) 102.55; Horticulture (NTP-H) subsector 109.08; Subsector for People's Plantation (NTP-R) 153.34; Livestock Sub-sector (NTP-T) 95.95; and Fisheries Sub-sector (NTN-P) 108.99.

Related Official Statistics News

February 2023, the exchange rate of Sulawesi Barat farmers was 117.25, up 0.69% compared to January 2023

March 2022, the exchange rate of Sulawesi Barat farmers was 129.93. Up 1.37% compared to February 2022

September 2022, the exchange rate of Sulawesi Barat farmers was 114.04. Up 6.20% compared to August 2022

August 2022, the exchange rate of Sulawesi Barat farmers was 107.38. Up 6.99% compared to July 2022

January 2022, the exchange rate of Sulawesi Barat farmers was 127.16. Down 1.93% compared to December 2021

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