The exchange rate of farmers in South Sumatra Province in October 2021 was recorded at 111.96 or decreased by 0.09 percent compared to the previous month's NTP - BPS-Statistics Indonesia Empat Lawang Regency

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The month to month (m-to-m) deflation rate for South Sumatra Province in February 2025 was 0.41 percent and the year to date (y-to-d) deflation rate was 0.77 percent.

In January 2025 it rose 6.13 percent to 354,889 tons.The number of passengers using the train transportation mode in January 2025 was 91,023 people or a decrease of 4.95 percent.

The exchange rate of farmers in South Sumatra Province in October 2021 was recorded at 111.96 or decreased by 0.09 percent compared to the previous month's NTP

Release Date : November 1, 2021
File Size : 0.93 MB

Abstract

Farmer's Exchange Rate (NTP) is the ratio of the price index received by farmers (It) to the index of price paid by farmers (Ib).

NTP is one indicator to see the level of ability/purchasing power of farmers in rural areas. NTP also shows the terms of trade of agricultural products with goods and services consumed as well as for production costs.

In October, South Sumatra's NTP fell 0.09 percent compared to September's FTT, from 112.07 to 111.96. The decrease in NTP in October 2021 was due to the price index of agricultural products experiencing an average price decline of 0.17 percent, while the index paid by farmers in general only experienced an average decrease of 0.07 percent.

The decline in NTP in October 2021 was influenced by the decline in NTP in the Plantation sub-sector which fell by 0.41 percent and Livestock by 0.91 percent. Meanwhile, other sub-sectors that experienced an increase were Food Crops by 1.14 percent, Horticulture 1.31 percent, Fisheries in general 0.78 percent, Capture Fisheries 0.71 percent and Aquaculture 0.89 percent.

In October 2021, in South Sumatra, there was a rural deflation of 0.14 percent caused by a decrease in the average price index in the expenditure group, namely: Food, Beverages and Tobacco by 0.30 percent, Health by 0.01 percent and Recreation, Sports. and Culture 0.08 percent. Meanwhile, other groups experienced an increase and some remained unchanged.

The national Agricultural Household Business Exchange Rate (NTUP) in October 2021 was 111.57, down 0.38 percent compared to the previous month's NTUP.
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