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

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Release Date	:	September 1, 2021
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 North Sumatra Province Farmer's Exchange Rate in May 2021 is 118.58

North Sumatra Province Farmer's Exchange Rate in July 2021 is 115.78

Farmer's Exchange Rate in North Sumatra Province in September 2021 is 120.61

The Sumatera Utara Province Farmer's Exchange Rate in August 2022 is 117.80

The Farmer Exchange Rate of North Sumatra Province, February 2021, was 114.69

BPS-Statistics Indonesia

Badan Pusat Statistik Kabupaten Batu Bara Jl. Lintas Sumatera Lk. 5 Lima Puluh Kota 21255

Telp/Faks (62-622) 697383

Mailbox : batubarakab@bps.go.id

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