Development of the Bali Province Farmer Exchange Rate Index December 2020

Release Date	:	January 4, 2021
File Size	:	0.81 MB

Abstract

The Bali Province NTP index in December 2020 was recorded to have increased from 92.61 in November 2020 to 93.56, or an increase of 1.02 percent. The index received by farmers (It) was recorded to have increased by 1.50 percent, while the index paid by farmers (Ib) was recorded to have increased slightly, namely 0.48 percent.

The increase in the NTP index in December 2020 was recorded in four sub-sectors, namely the horticulture sub-sector which rose 3.39 percent, followed by the smallholder plantation sub-sector which rose by 2.09 percent, the fisheries sub-sector which rose 1.61 percent and the livestock sub-sector which increased by 1, 00 percent. Meanwhile

The Bali Province Agricultural Business Exchange Rate (NTUP) Index in December 2020 was recorded at 93.80, an increase of 0.98 percent compared to the previous month which was recorded at 92.88.

Judging from the sub-sector, the NTUP Index in December 2020 was recorded to have increased in four sub-sectors, namely the horticulture sub-sector (up 3.52 percent), the smallholder plantation sub-sector (up 2.06 percent), the fisheries sub-sector (up 1.65 percent) and the sub-sector. livestock (up 0.73 percent). Meanwhile, the decline in NTUP was recorded in the food crop subsector, which fell by -0.63 percent.

In December 2020, Bali Province was recorded to experience rural inflation of 0.42 percent. This condition is in line with the national rural inflation record which recorded inflation of 0.58 percent. Of all observed provinces, the highest rural inflation was recorded in Bangka Belitung Province at 0.97 percent and the lowest was in West Sulawesi Province which recorded inflation at 0.01 percent. On the other hand, North Sulawesi Province recorded the deepest deflation of -0.37 percent. [101-20210104]

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Development of the Bali Province Farmer Exchange Rate Index December 2020