The Farmer's Exchange Rate (NTP) of South Sumatra Province in July 2021 was recorded at 107.90 or an increase of 0.95 percent compared to the previous month's NTP

·        The Farmer's Exchange Rate (NTP) of South Sumatra Province in July 2021 was recorded at 107.90 or an increase of 0.95 percent compared to the previous month's NTP. The increase in NTP was influenced by the Price Index Received by Farmers (It) which increased by an average of 0.98 percent, while the average Index Paid by Farmers (Ib) only increased by 0.04 percent.

 

·        The increase in FTT in July 2021 was influenced by the increase in FTT in the Horticulture sub-sector by 1.66 percent, Plantation 1.53 percent, Livestock 0.65 percent and Aquaculture by 0.90 percent. Meanwhile, other sub-sectors that experienced a decline were Food Crops by 1.31 percent, Fisheries by 0.20 percent and Capture Fisheries by 0.94 percent.

 

·        In July 2021, in South Sumatra, there was a rural deflation of 0.01 percent caused by a decrease in the average index price in several expenditure groups which fell respectively: the Food, Beverage and Tobacco group which fell by 0.06 percent, Housing, Water, electricity and household fuel 0.04 percent, Information, Communication and Financial Services 0.15 percent and the Personal Care and other services group by 0.16 percent. Meanwhile, for the groups that experienced an increase, namely Clothing and Footwear by 0.15 percent, Equipment, Equipment and Household Routine Maintenance by 0.16 percent, Health by 0.24 percent, Transportation by 0.11 percent, Sports and Cultural Recreation 0.40 percent, Education 0.21 percent and Food and Beverage/Restaurant Provision 0.05 percent.

 

·        The South Sumatra Agricultural Household Business Exchange Rate (NTUP) in July 2021 was 108.70, an increase of 0.74 percent compared to the previous month's NTUP.