The NTP of South Sumatra Province in November 2021 was recorded at 112.40 or an increase of 0.40 percent compared to the NTP of the previous month

Release Date	:	December 1, 2021
File Size	:	1.74 MB

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Abstraction

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 November, South Sumatra's NTP rose 0.40 percent compared to October's FTT, from 111.96 to 112.40. The increase in NTP in November 2021 was due to the price index of agricultural products experiencing an average price increase of 0.88 percent, while the index paid by farmers in general only experienced an average increase of 0.48 percent.
    The increase in NTP in November 2021 was influenced by the increase in FTT in the Horticulture sub-sector by 0.36 percent, Plantation 1.07 percent, Livestock 0.22 percent, Fisheries in General 0.52 percent and Capture Fisheries 1.80 percent. Meanwhile, other sub-sectors that experienced a decline were Food Crops by 2.36 percent and Aquaculture by 1.34 percent.
    In November 2021, in South Sumatra there was rural inflation of 0.50 percent caused by an increase in the average price index in the expenditure group, namely: Food, Beverages and Tobacco by 0.79 percent, Clothing and footwear by 0.31 percent, Housing, Electricity, Water and Household Fuel 0.01 percent, Equipment, Equipment and Routine Household Maintenance 0.14 percent, Health 0.15 percent, Provision of Food and Beverage/Restaurant 0.11 percent and Personal Care and Other Services 0.11 percent. While the other groups experienced a decrease and some did not change.
    The National Agricultural Household Business Exchange Rate (NTUP) in November 2021 was 112.07 or an increase of 0.45 percent compared to the previous month's NTUP.

Related Official Statistics News

NTP of South Sumatra Province in June 2022 was recorded at 110.37 or an increase of 0.07 percent compared to the NTP of the previous month

The NTP for South Sumatra Province in July 2024 was recorded at 124.18 or an increase of 1.45 percent compared to the NTP for the previous month

South Sumatra Province's NTP for November 2024 was recorded at 128.84 or an increase of 1.30 percent compared to the previous month's NTP

South Sumatra Province's NTP in March 2023 was recorded at 103.61 or an increase of 1.20 percent compared to the previous month's NTP

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