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The Farmer Exchange Rate (NTP) in August 2020 was 95.74
The Farmers Exchange Rate (NTP) in August 2020 is based on the calculation of the NTP with the base year 2018 (2018 = 100). This NTP calculation includes 5 sub-sectors, namely the sub-sector of rice & crops, horticulture, smallholder plantation crops, livestock and fisheries.
In August, the NTP of East Nusa Tenggara was 95.74 with the NTP of each sub-sector recorded at 94.54 for the sub-sector of rice-secondary crops (NTP-P); 99.07 for the horticulture subsector (NTP-H); 94.71 for the smallholder plantation sub-sector (NTP-TPR); 102.75 for the livestock sub-sector (NTP-Pt) and 94.34 for the fisheries sub-sector (NTP-Pi).
There was a decrease of 0.44 percent in August NTP when compared to July NTP. This decrease was caused by a decrease in the price index received and paid by farmers.
In rural areas there was a deflation of 0.16 percent due to lower prices for food, beverages and tobacco.