March 2023 Farmer Exchange Rate (NTP) of 95.98, up 0.29 percent when compared to February - BPS-Statistics Indonesia Nusa Tenggara Timur Province

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March 2023 Farmer Exchange Rate (NTP) of 95.98, up 0.29 percent when compared to February

Release Date : April 3, 2023
File Size : 1.07 MB

Abstract

  • The Farmer Exchange Rate (NTP) for March 2023 is based on the calculation of NTP with a base year of 2018 (2018=100). This NTP calculation covers 5 subsectors, namely rice & crop subsectors, horticulture, community plantation crops, animal husbandry and fisheries.
  • In March 2023, East Nusa Tenggara's NTP is 95.98 with the NTP of each subsector recorded at 95.78 for the rice-crop sub-sector (NTP-P), 102.05 for the horticulture sub-sector (NTP-H); 89.31 for the smallholder plantation crop subsector (NTP-TPR); 108.73 for livestock subsector (NTP-Pt) and 95.25 for fisheries subsector (NTP-Pi).
  • There was an increase of 0.29 percent in March when compared to February NTP. This increase in the price index is due to the development of the receiving price index which is faster than the paid price. This occurs in the subsector of food crops and horticulture.
  • In rural areas, inflation was 1.21 percent, especially in the food, beverage and tobacco commodity groups.
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