The Southeast Sulawesi Farmer Exchange Rate Index in October 2017 was 95.26

Release Date	:	November 1, 2017
File Size	:	0.44 MB

Abstract

The Southeast Sulawesi NTP index in October 2017 was 95.26 or an increase of 1.33 percent compared to the previous month which was recorded at 94.01. The NTP index of each sub-sector was recorded as follows: Food Crops Subsector (NTPP) 89,59; Horticulture Subsector (NTPH) 90.62; Subsector of Smallholder Plantation (NTPR) 90.75; Livestock Sub-sector (NTPT) 105,29; and Fisheries Sub-sector (NTNP) 113,96. While the National NTP Index of 102.78 or up by 0.54 percent from the previous 102.22.
In October 2017, nationally 27 provinces experienced an increase in the NTP Index, while the other 6 provinces experienced a decrease in index. The highest increase was recorded in Jambi Province at 1.52 percent, while the largest decrease was recorded in Bangka Belitung province by 2.12 percent.
In October 2017, Southeast Sulawesi Province recorded a 0.85 percent deflation in rural areas. This happens because of the decline in the price index in the foodstuff category by 2.15 percent. While the other four groups experienced an increase, ie the group of finished food, beverages, cigarettes and tobacco increased by 0.26 percent; housing group 0.09 percent; clothing group 0.07 percent; health group 0.02 percent; education, recreation and sports 0.26 percent; as well as transport and communications group rose by 0.04 percent.
Farmer's Exchange Rate Index (NTP) is obtained from the comparison of farmer's price indices to the price index paid by farmers (in percentage). NTP index is one indicator to see the level of ability / purchasing power of farmers in rural areas. The NTP index also shows the term of trade of agricultural products with goods and services consumed as well as for production costs. The higher the NTP Index, the stronger the purchasing power of the farmers.
The Domestic Stock Exchange Rate (NTUP) index is derived from the comparison of farmer's price index (I) to the price index paid by farmers (Ib), with Ib component consisting only of Production Cost and Capital Goods Addition (BPPBM). With the consumption of the price index component paid by the farmer (Ib), NTUP can better reflect the farmer's production capability, as compared to production only with the cost of production.
Based on the results of monitoring of rural prices in Southeast Sulawesi in October 2017, the Southeast Sulawesi NTP Index increased by 1.33 percent compared to September 2017 from 94.01 to 95.26.

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