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January 2024 Farmer Exchange Rate (NTP) was 97.73, down 0.74 percent compared to December

Release Date	:	February 1, 2024
File Size	:	1.16 MB

Abstract

The Farmer Exchange Rate (NTP) for January 2024 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 January 2024, East Nusa Tenggara's NTP is 97.73 with the NTP of each subsector recorded at 98.68 for the rice-crop sub-sector (NTP-P), 104.32 for the horticulture sub-sector (NTP-H); 89.19 for the smallholder plantation crop subsector (NTP-TPR); 109.83 for livestock subsector (NTP-Pt) and 91.94 for fisheries subsector (NTP-Pi).
There is a decrease of 0.74 percent in January 2024 when compared to the December 2023 NTP. The decline in the price index was caused by the development of the receiving price index which was lower than the paid price. This decline occurred in all subsectors except the Horticulture Subsector.
In rural areas, there was inflation of 0.61 percent. This inflation mainly occurred in the food, beverage, and tobacco subgroups and transportation.

Related Official Statistics News

January 2023 Farmer Exchange Rate (NTP) Of 95.56, Down 0.05 Percent When Compared To December 2022

February 2024 Farmer Exchange Rate (NTP) Was 97.43, Down 0.31 Percent When Compared To January 2024

October 2023 Farmer Exchange Rate (NTP) Was 97.38, Down 0.14 Percent Compared To September

December 2023 Farmer Exchange Rate (NTP) Of 98.46, Up 0.95 Percent Compared To November

April 2024 Farmer Exchange Rate (NTP) Was 98.34, An Increase Of 0.40 Percent Compared To March 2024

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