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The North Sumatra Province Farmer's Exchange Rate in August 2021 is 117.92

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Release Date	:	January 31, 2022
File Size	:	1.57 MB

Abstract

• Farmer's Exchange Rate (NTP) is the ratio of the price index received by farmers (It) to the index of price paid by farmers (Ib).

• NTP is one indicator to see the level of ability/purchasing power of farmers in rural areas. NTP also shows the terms of trade (terms of trade) of agricultural products with goods and services consumed as well as for production costs.

• In August 2021, the NTP of North Sumatra Province (2018=100) was recorded at 117.92 or an increase of 1.85 percent compared to the NTP of July 2021, which was 115.78.

• The increase in FTT in August 2021 was due to an increase in FTT in three sub-sectors, namely the FTT for the Food Crops sub-sector by 0.63 percent, the NTP for the People's Plantation Sub-sector by 3.68 percent and the NTP for the Fisheries sub-sector by 0.96 percent. Meanwhile, the NTP of the other two sub-sectors decreased, namely the NTP of the Horticulture sub-sector by 2.38 percent and the NTP of the Livestock Sub-sector by 1.16 percent.

• Changes in the Household Consumption Index (IKRT) reflect the rate of rural inflation/deflation. In August 2021, there was a rural deflation in North Sumatra of 0.09 percent.

• The Agricultural Household Business Exchange Rate (NTUP) of North Sumatra Province in August 2021 was 118.44 or an increase of 1.48 percent. compared to the previous month's NTUP.

Related Official Statistics News

The Farmer Exchange Rate of North Sumatra Province in January 2021 was 114.96

Sumatera Utara Province Farmer Exchange Rate August 2024 is 136.68

The Sumatera Utara Province Farmer's Exchange Rate in February 2022 was 125.83

Sumatera Utara Province Farmer's Exchange Rate in March 2022 was 128.65

The Farmer Exchange Rate for Sumatera Utara Province in December 2023 is 129.04

BPS-Statistics Indonesia

Badan Pusat Statistik Kabupaten Serdang BedagaiJl. Negara Medan - Tebing Tinggi Kompleks Instansi Vertikal - Sei Rampah 20695 Telp : (0621) 441805 ; Fax : (0621) 441806 ; Email : bps1218@bps.go.id

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The North Sumatra Province Farmer's Exchange Rate in August 2021 is 117.92