NTB, April 2018: NTP fell 0.58 percent

The calculation of farmer terms of trade (FTT) was based on the base year 2012=100 in which the value farmer terms of trade by sub sector in March 2018 was as follows: food crops about 107,84, horticulture about 84,13; smallholders estate crops about 92,91; animal husbandry about 122,89; and fishery about 105,38. Farmer terms of trade of fishery can be distinguished into two types that are capture fishery and aquaculture fishery about 113,24 and 92,70, respectively. Therefore, farmer terms of trade of NTB was documented at 106,04, decreased about 0,58 percent compared to its value in March 2018 which was about 106,66.

·         Agricultural terms of trade in April 2018 was around 115,09, decreased by 0,75 percent compared to March 2018 that was around 115,96 percent. Majority of agricultural terms of trade reached the value above 100 except of horticulture which only amounted of 94,61. The agricultural terms of trade of other sub sectors were animal husbandry (135,96); food  crops (112,99); fishery (114,53), and smallholders estate crops (104,82).

·         Of 33 province, 10 province experienced an increase meanwhile 24 other experienced a decrease in the value of farmer terms of trade. The highet increase occured in Sulawesi Tengah of 1,01 percent, while the highest decrease occurred in Jambi of -1,77 percent.

·         In April 2018, Nusa Tenggara Barat experienced inflation which was 0,03 percent. This was due to the increasing value of Household Consumption Indices (IKRT) of health about 0,57 percent; clothing about 0,27 percent; transportation and communication about 0,21 percent; prepared food about 0,12 percent; housing about 0,05 percent; and education, recreation and sport about 0,01 percent; meanwhile other sub-group that showed increasing value was foodstuff about -0,10 percent.