Farmer Trade Value of Sumatera Selatan in January 2021 amounted to 100.01, an decrease of 1.79 percent

Release Date	:	February 1, 2021
File Size	:	0.89 MB

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Abstraction

• The South Sumatra Province Farmers Exchange Rate (NTP) in January 2021 was recorded at 100.01 or decreased by 1.79 percent compared to the previous month's NTP. The increase in NTP was influenced by the Price Index Received by Farmers (It) which decreased by an average of 1.18 percent, while the average Index Paid by Farmers (Ib) only increased by 0.63 percent.

• The decline in NTP in January 2021 was influenced by a fairly large drop in NTP in the Plantation sub-sector, namely 2.74 percent and Animal Husbandry 1.00 percent. Meanwhile, other sub-sectors that experienced an increase were food crops by 0.91 percent, horticulture 1.09 percent, fisheries in general 1.18 percent, capture fisheries 1.05 percent and aquaculture fisheries 1.37 percent.

• In January 2021, in South Sumatra, rural inflation of 0.65 percent occurred due to the increase in the average index price in almost all expenditure groups, which respectively increased: Food, Beverage and Tobacco Group which increased by 0.79 percent, Clothing and Footwear 0.85 percent, Equipment, Equipment and Household Routine Maintenance 0.95 percent, health 0.41 percent, Transportation 0.42 percent, Information, Communication and Financial Services 0.30 percent, Recreation, Sports and Culture 0.74 percent, Education 0.03 percent, Food and Beverage / Restaurant Provision 0.63 percent and Personal Care and Other Services 0.40 percent. Meanwhile, the housing, water, electricity and household fuels group experienced a decline of 0.04 percent.

• In January 2021, NTUP decreased by 1.70 percent. This occurs because the average It has decreased by 1.18 percent, while the average BPPBM index price has increased by 0.54 percent. The decline in NTUP was caused by a decrease in NTUP in the Plantation sub-sector by 2.58 percent and the Livestock sub-sector by 0.86 percent. Meanwhile, the sub-sectors that experienced an increase were Food Crops by 0.75 percent, Horticulture 1.31 percent, Fisheries in general 1.57 percent, Capture Fisheries 1.30 percent and Aquaculture 1.95 percent.

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