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Farmer Exchange Rate (NTP) in May 2020 was 95.23

Release Date	:	June 3, 2020
File Size	:	1.04 MB

Abstract

Farmer Exchange Rate (FTT) in May 2020 is based on the calculation of FTT with the base year 2018 (2018 = 100). This FTT includes 5 subsectors, namely the paddy & secondary crops, horticulture, smallholder estate crops, livestock and fisheries.
In May, the East Nusa Tenggara NTP was 95.23 with the NTP of each subsector recorded at 95.42 for the rice-palawija subsector (NTP-P); 101.94 for the horticulture subsector (NTP-H); 90.27 for the smallholder estate crops (NTP-TPR) subsector; 102.29 for the agriculture subsector (NTP-Pt) and 93.69 for the fisheries subsector (NTP-Pi).
There was a decrease of 0.38 percent in May NTP if compared to April NTP. This decrease was caused by a decrease in the price index both received and paid by farmers. It can be concluded that the price of both production and consumption commodities has decreased.
Deflation of 0.07 percent in rural areas was affected by falling prices for food, beverages and tobacco.

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