March 2022, the exchange rate of Sulawesi Barat farmers was 129.93. Up 1.37% compared to February 2022

NTP is a comparison of IT against the IB used to show the exchange power of agricultural products with goods and services consumed and for production costs. The higher the NTP, relatively stronger the level of ability / purchasing power of farmers.

Starting January 2020 was made a change in the base year in the calculation of the price index received by farmers (IT) and the price index paid by farmers (IB) from the 2012 base year = 100 became the basic year of 2018 = 100. Both types of index are components in calculating farmer exchange rates (NTP). This basic year change is carried out to adjust changes in production patterns, production costs, and consumption of agricultural households in rural areas. In the basic year of 2018 = 100 increased coverage of commodity amounts both in IT and IB commodity packages compared to the 2012 base year = 100.

Sulawesi Barat NTP March 2022 was 129.93, up 1.37 percent compared to February 2022 NTP which was 128.18. The increase in NTP was caused by IT which increased by 1.60 percent and IB which also increased by 0.23 percent.

NTP according to the largest sub-sector for food crop subsector (NTP-P) 102.08; Horticulture (NTP-H) subsector 111.27; Subsector for People's Plantation (NTP-R) 157.30; Livestock Sub-sector (NTP-T) 96.23; and Fisheries Sub-sector (NTN-P) 105.75.