December 2021, the exchange rate of Sulawesi Barat farmers was 129.66. Fell 0.52% compared to November 2021

NTP is a comparison of IT against the IB used to show the exchange power of agricultural products with goods and services consumed and for production costs. The higher the NTP, the relatively stronger the level of ability / purchasing power of farmers.

Starting January 2020 was made a change in the base year in the calculation of the price index received by farmers (IT) and the price index paid by farmers (IB) from the 2012 base year = 100 became the basic year of 2018 = 100. Both types of index are components in calculating farmer exchange rates (NTP). This basic year change is carried out to adjust changes in production patterns, production costs, and consumption of agricultural households in rural areas. In the basic year of 2018 = 100 increased coverage of commodity amounts both in IT and IB commodity packages compared to the 2012 base year = 100.

Sulawesi Barat NTP December 2021 was 129.66 or down 0.52 percent compared to NTP November 2021 which was 130.33. The decline in NTP was caused by an increase in IT which was slower than IB, which was equal to 0.32 percent and an IB increase was 0.84 percent.

NTP according to the largest sub-sector for food crop subsector (NTP-P) 102.78; Horticulture (NTP-H) subsector 112.13; Subsector for People's Plantation (NTP-R) 156.23; Livestock Sub-sector (NTP-T) 96.17; and Fisheries Sub-sector (NTN-P) 107.36.