Development of the Bali Province Farmers Exchange Rate Index for July 2023

The Bali Province NTP index for July 2023 was recorded at 98.65, down as deep as 1.45 percent compared to the conditions in the previous month. The decline in the NTP index was caused by a decrease in the price index received by farmers (It) by 1.22 percent, while the index paid by farmers (Ib) was recorded to have increased by 0.23 percent.Nationally, the NTP index was recorded at 110.64, up 0.21 percent compared to the previous month. In July 2023, the West Sulawesi Province\"s NTP Index was recorded to have experienced the highest increase in NTP, amounting to 2.27 percent. In contrast, North Maluku Province\""s NTP experienced the deepest decline, by -2.13 percent."