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Overview of Bali Province Farmer Terms of Trade Index February 2025

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Release Date	:	March 3, 2025
File Size	:	0.94 MB

Abstract

The Farmer Exchange Value Index (NTP) is a comparison of the price index received by farmers (It) to the price index paid by farmers (Ib).
NTP is an indicator to see the level of ability/purchasing power of farmers in rural areas. NTP also shows the exchangeability (terms of trade) of agricultural products for goods and services consumed and for production costs.
The Bali Province NTP Index for February 2025 was recorded at 103.37 or an increase of 0.33 percent compared to conditions in the previous month. The increase in the NTP index was caused by an decrease in the Price Index Received by Farmers (It) of 0.60 percent, lower than the decrease in the Index Paid by Farmers (Ib) of 0.93 percent.
Nationally, the NTP index was recorded at 123.45 or an decrease of 0.18 percent compared to the previous month. In February 2025, the North Sulawesi Province NTP Index recorded the highest increase in NTP, amounting to 4.14 percent. In contrast, the West Sumatera Province's NTP recorded the deepest decline, amounting to -2.79 percent.
The Bali Province Household Consumption Index (IKRT) in February 2025 was recorded at 126.62 or a decrease of 1.33 percent compared to the previous month's conditions.
The Agricultural Household Business Exchange Rate (NTUP) for Bali Province in February 2025 was recorded at 109.17 or a decrease of 0.66 percent compared to the previous month's NTUP.

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