In December 2019, the Bali Province Farmers Exchange Rate Index (NTP) was recorded to have increased as high as 0.55 percent, from 104.35 in November 2019 to 104.93. In terms of the index received by farmers (It), it was recorded that it increased by 1.08 percent, while the index paid by farmers (Ib) was recorded to have increased lower, namely 0.52 percent.
The increase in the NTP index in December 2019 was generally derived from the increase in the NTP index for the constituent subsectors, including the smallholder plantation crop subsector index which rose 2.36 percent, horticultural crops rose 0.54 percent, and livestock increased 0.10 percent. Meanwhile, the food crops and fisheries sub-sectors were recorded as the sub-sectors that held back the rate of increase, dropping by -0.25 percent and -0.50 percent respectively.
In calculating the rural consumer price index (inflation), in December 2019, Bali Province was recorded to experience inflation as high as 0.71 percent, in line with the national rural inflation movement, namely inflation as high as 0.28 percent.
Of the 33 provinces observed, the calculation of the farmer household consumption index (rural) in December 2019, it was recorded that 19 provinces experienced inflation and 14 provinces experienced deflation. The highest inflation was recorded in East Java Province (1.06 percent) and the lowest was in Riau Province (0.04 percent). Meanwhile, the deepest deflation was recorded in Gorontalo Province (-3.30 percent) and the lowest was in Lampung Province (-0.03 percent).