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The Farmers Trade Rate (FTR) in January 2021 was 102.03, an increase of 2.02 percent

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Release Date	:	March 1, 2021
File Size	:	0.95 MB

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The Farmer Trade Rate (FTR) of South Sumatra Province in February 2021 was recorded at 102.03 or an increase of 2.02 percent compared to the NTP of the previous month. The increase in NTP was influenced by the Price Index Received by Farmers (It) which had an average increase of 1.92 percent, while the average Index Paid by Farmers (Ib) only decreased by 0.10 percent.
• The increase in NTP in February 2021 was influenced by the increase in NTP in the Food Crops sub-sector which increased by 0.15 percent, Plantation 2.82 percent, Fisheries in General 0.94 percent, Capture Fisheries 1.43 percent and Aquaculture by 0.23 percent. Meanwhile, other sub-sectors that experienced a decline were Horticultural Plants by 1.76 percent and Animal Husbandry by 0.31 percent.
• In February 2021, in South Sumatra, there was a rural deflation of 0.17 percent caused by a decrease in the average index price in the expenditure group, namely: the Food, Beverage and Tobacco Group fell by 0.33 percent, Clothing and Footwear decreased by 0, 06 percent and housing, water, electricity and household fuels also experienced a decrease of 0.07 percent. While other groups that experienced an increase were: Equipment, Equipment and Household Routine Maintenance 0.31 percent, Health 0.25 percent, Transportation 0.06 percent, Food and Beverage / Restaurant Provision 0.25 percent and Personal Care and Other Services 0 , 28 percent. Meanwhile, the Information, Communication and Financial Services, Recreation, Sports and Culture group and the education group did not experience any changes
• The Exchange Rate for Agricultural Household Enterprises (NTUP) of South Sumatra, February 2021, amounting to 102.89 or an increase of 1.75 percent compared to NTUP in the previous month.

Related Official Statistics News

The Farmers Exchange Rate (NTP) in October 2020 was 98.40, an increase of 1.98 percent

The Farmers Exchange Rate (NTP) of South Sumatra Province in April 2021 was recorded at 105.36 or an increase of 0.35 percent

The Farmers Exchange Rate (NTP) in September 2020 was 96.49, an increase of 2.46 percent

The Farmers Exchange Rate (NTP) in August 2020 was 94.17, an increase of 2.67 percent

Farmers’ Terms of Trade (FTT) January 2024 was 109.33 or fell 0.18 percent

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The Farmers Trade Rate (FTR) in January 2021 was 102.03, an increase of 2.02 percent

Abstraction