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Farmers’ Terms of Trade (FTT) in June 2024 was 122.40 or increased by 3.75 percent

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Release Date	:	July 1, 2024
File Size	:	3.04 MB

Abstract

Sumatera Selatan Province’s FTT was 122.40 or increased by 3.75 percent compared with FTT in April 2024.

The increase in FTT in June 2024 is influenced by the increase in FTT in several subsectors, where each rose: Food Crops 2.34 percent; Horticulture 2.78 percent; Plantations 4.23 percent and livestock 2.65 percent. Meanwhile FTT which experienced a decline in the Fisheries subsector of 0.75 percent, Capture Fisheries 0.62 percent and Aquaculture 0.96 percent.

In June 2024, the price Index of Household Consumption for South Sumatra Province experienced an increase of 0.32 percent, namely from 124.28 to 124.67

Agriculture’s Terms of Trade (NTUP) for South Sumatra Province June 2024 amounted to 125.60 or an increase of 3.72 percent compared to the previous month's NTUP.

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