South Sumatra NTP in February 2020 Down by 3.76 Percent

Abstraction

• Farmer Exchange Rate (NTP) of South Sumatra Province in February 2020 was recorded at 96.85 or decreased by 3.76 percent compared to the previous month's NTP. The decline in FTT was influenced by the Farmer Received Price Index (IT) which decreased by an average of 3.15 percent, while the average Farmer Paid Index (Ib) increased by 0.63 percent.
• The decrease in FTT in February 2020 was affected by the decline in FTT in the food crops sub-sector by 1.02 percent, horticulture 1.76 percent, plantations 4.92 percent, livestock 0.68 percent, fisheries in general 1.14 percent and capture fisheries by 1, 93 percent. Whereas the FTT in the aquaculture subsector experienced a relatively small increase of 0.03 percent.
• In February 2020, in rural Sumatra a rural inflation of 0.72 percent occurred due to an increase in the average price index in nine expenditure groups, mainly the food, beverage and tobacco group 1.08 percent, household appliances, equipment and routine maintenance 0.57 percent and clothing and footwear 0.38 percent. While the groups experiencing deflation were housing, water, electricity and household fuels by 0.09 percent and recreation, sports and culture 0.12 percent.
• In February 2020 there was a decrease in NTUP of 3.41 percent. This happens because the average It has decreased by 3.15 percent, while the average price of the BPPBM index has increased by 0.27 percent. The decline in NTUP was caused by the decline in NTUP in all subsectors, except for the aquaculture subsector which increased by 0.58 percent.