Development of the Bali Province Farmer's Exchange Rate Index September 2021

Farmer's Exchange Rate Index (NTP) is the ratio of the price index received by farmers (It) to the index of price paid by farmers (Ib).

NTP is one indicator to see the level of ability/purchasing power of farmers in rural areas. NTP also shows the terms of trade (terms of trade) of agricultural products with goods and services consumed as well as for production costs.
The Bali Province NTP Index in September 2021 was 93.00, up 0.12 percent compared to the previous month. The increase in the NTP index was due to the Price Index Received by Farmers (It) increased by 0.08 percent, while the Index Paid by Farmers (Ib) fell by as much as 0.04 percent.

The NTP index for the January–September 2021 period in Bali Province was recorded at 92.43 with an It value of 99.29 while Ib of 107.42.

Nationally, the NTP index was recorded at 105.68 or an increase of 0.96 percent compared to the previous month. In September 2021, the Riau Province's NTP Index experienced the highest increase (3.35 percent) compared to the increase in the NTP index of other provinces. On the other hand, the NTP Index for North Maluku Province experienced the deepest decline (-0.56 percent) compared to the decline in the FTT for other provinces.
Judging from the Household Consumption Index (IKRT) of the Province of Bali, in September 2021 there was a decrease of 0.18 percent, one of which was caused by the decline in the price index in the food, beverage and tobacco expenditure group.

The Bali Province Agricultural Household Exchange Rate (NTUP) in September 2021 was 92.33, down 0.18 percent compared to the previous month's NTUP.