Southeast Sulawesi's NTP in December 2021 was recorded at 101.08

Release Date	:	January 4, 2022
File Size	:	1.96 MB

Abstract

Southeast Sulawesi's NTP in December 2021 was recorded at 101.08 or an increase of 0.26 percent compared to the previous month which was recorded at 100.82.
The increase in NTP was due to the Price Index Received by Farmers (It) which increased by 0.58 percent, higher than the Price Index Paid by Farmers (Ib) which increased by 0.32 percent.
Farmer's Exchange Rate (NTP) is the ratio of the price index received by farmers (It) to the index of price 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 terms of trade (terms of trade) of agricultural products with goods and services consumed as well as for production costs.

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