The Southeast Sulawesi Farmer Exchange Rate in January 2024 was recorded at 107.83

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Release Date	:	February 1, 2024
File Size	:	1.35 MB

Abstract

Farmer Exchange Rate (NTP) is a comparison of the price index received by farmers (It) to the price index paid by farmers (Ib).

NTP is an indicator to see the level of ability/purchasing power of farmers in rural areas. NTP also shows the exchangeability (terms of trade) of agricultural products for goods and services consumed and for production costs.

Southeast Sulawesi's Farmer Exchange Rate (NTP) in January 2024 rose 1.28 percent from 106.47 to 107.83. The increase in NTP was caused by the price index received by farmers (It) increasing by 1.69 percent, higher than the increase in the price index paid by farmers (Ib) of 0.40 percent.

The NTP for each subsector is recorded as follows: Food Crops Subsector (NTPP) 103.20; Horticulture Subsector (NTPH) 114.16; People's Plantation Plantation Subsector (NTPR) 112.21; Livestock Subsector (NTPT) 106.85 and Fisheries Subsector (NTNP) 97.92.

In January 2024, there was an increase in the Household Consumption Index (IKRT) in Southeast Sulawesi by 0.50 percent, one of which was caused by an increase in the index value in the food, beverage and tobacco expenditure group.

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