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Farmers’ Terms of Trade (FTT) in December 2023 was 109.52 or decreased by 0.10 percent

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Release Date	:	January 2, 2024
File Size	:	0.97 MB

Abstract

South Sumatra's NTP in December 2023 fell 0.10 percent compared to last month's NTP, namely from 109.62 to 109.52.

The decline in NTP in December 2023 was influenced by the decline in NTP in the Horticulture subsector by 2.27 percent, Plantation by 0.16 percent and Livestock by 0.86 percent. Meanwhile, NTP experienced an increase in the Food Crops subsector 0.47 percent, Fisheries 0.17 percent, Capture Fisheries 0.27 percent and Cultivated Fisheries 0.01 percent.

In December 2023, the Household Consumption Index (IKRT) for South Sumatra Province experienced an increase of 0.68 percent, namely from 120.69 to 121.51.

The Agricultural Household Business Exchange Rate (NTUP) for South Sumatra Province in December 2023 was 110.98 or an increase of 0.34 percent compared to the previous month's NTUP.

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