DEVELOPMENT OF FARMER EXCHANGE RATE JUNE 2009 SULAWESI BARAT 105.80

Release Date	:	August 16, 2009
File Size	:	3.04 MB

Abstract

 Farmers Exchange Rates (NTP) in Sulawesi Barat in June 2009 amounted to 105.80, up 0.67 percent compared to the May 2009 NTP which reached 105.10. In addition, NTP according to the subsector was recorded 96.30 for the Food Crop Subsector (NTP-P); 87.50 for the Horticultural Subsector (NTP-H); 130,52 for the People's Plantation Plant Subsector (NTP-R); 108.01 for the Livestock Subsector (NTP-T) and 103.26 for the Fisheries Subsector (NTN).  Results of monitoring of rural consumer prices show rural inflation in West Sulawesi in June 2009 of 0.40 percent, which is generally due to an increase in price indexes in four of the seven expenditure groups, which is quite significant namely the processed food group rose by 1.48 percent . Three other groups experienced deflation in rural areas, namely: housing group 0.11 percent; education, recreation, and sports 0.51 percent; and transportation and communication 0.40 percent.  Compared to other provinces, West Sulawesi is one of 22 provinces that experienced inflation in rural areas, the highest occurred in Lampung 1.03 percent and the lowest in North Sulawesi by 0.01 percent. Meanwhile, 10 other provinces experienced deflation, the highest in Jambi 0.60 percent and the lowest in West Kalimantan 0.07 percent. Farmer Exchange Rate (NTP) obtained from the comparison of the price index received by farmers against the price index paid by farmers, is one indicator to see the level of ability / purchasing power of farmers. NTP also shows the exchange power (term of trade) of agricultural products with goods and services consumed as well as for production costs. The higher the FTT, the relatively stronger the level of farmers' ability / purchasing power. The results of the monitoring of the prices of producers of various commodity goods and services in rural areas showed that the West Sulawesi NTP in June 2009 was 105.80 or an increase of 0.67 percent compared to the May 2009 NTP of 105.10. This is due to changes in the price index received by farmers rose 1.01 percent, while the index paid by farmers rose only 0.34 percent. Means, in general, the increase in prices of agricultural commodities from the previous month is faster than the increase in prices of goods for consumption and production. As a result, the comparison between the price index received and the price index paid by farmers tends to be even greater. Official Gazette of West Sulawesi Province No. 25/08/08 / Th. III, August 3, 2009 1

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