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Development of the Bali Province Farmers Exchange Rate Index for May 2023

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Release Date	:	June 5, 2023
File Size	:	5.52 MB

Abstract

The Farmer's Terms of Trade Index (NTP) is a comparison of the price index received by farmers (It) to the price index paid by farmers (Ib).

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

The Bali Province NTP index in May 2023 was recorded at 98.86, up as high as 0.09 percent compared to the conditions in the previous month. The increase in the NTP index was caused by an increase in the price index received by farmers (It) of 0.40 percent which was greater than the increase in the index paid by farmers (Ib) of 0.31 percent.

Nationally, the NTP index was recorded at 110.20 or decreased by 0.34 percent compared to the previous month. In May 2023, the Lampung Province NTP Index was recorded to have experienced the highest increase in NTP, amounting to 1.61 percent. In contrast, the Bangka Belitung Province's NTP experienced the deepest decline, by -5.20 percent.

The Bali Province Household Consumption Index (IKRT) in May 2023 was 116.77 or an increase of 0.30 percent compared to the previous month's conditions.

The Bali Province Agriculture Household Business Exchange Rate (NTUP) in May 2023 was 100.25 or an increase of 0.18 percent compared to the previous month's NTUP.

Related Official Statistics News

Development Of The Bali Province Farmers Exchange Rate Index May 2022

Development Of The Bali Province Farmers Exchange Rate Index May 2021

Development Of The Bali Province Farmers Exchange Rate Index For July 2023

Development Of The Bali Province Farmers Exchange Rate Index For August 2023

Development Of The Bali Province Farmers Exchange Rate Index For January 2023

BPS-Statistics Indonesia

Badan Pusat Statistik Kabupaten Tabanan (Statistics of Tabanan Regency)Jl. Pahlawan No 1B

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