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

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Release Date	:	October 1, 2021
File Size	:	2.9 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 September 2021, the NTP of North Sumatra Province (2018=100) was recorded at 120.61, an increase of 2.28 percent compared to the NTP of August 2021, which was 117.92.
The increase in NTP in September 2021 was due to an increase in FTT in three sub-sectors, namely the NTP for the Food Crops sub-sector by 0.29 percent, the NTP for the Horticulture sub-sector by 2.57 percent, and the NTP for the People's Plantation Sub-sector by 3.88 percent. Meanwhile, the NTP of the other two sub-sectors decreased, namely the NTP of the Livestock Sub-sector by 0.56 percent and the FTT of the Fisheries sub-sector by 0.95 percent.
Changes in the Household Consumption Index (IKRT) reflect the rate of rural inflation/deflation. In September 2021, rural inflation in North Sumatra was 0.04 percent.
The Agricultural Household Business Exchange Rate (NTUP) of North Sumatra Province in September 2021 was 120.88, an increase of 2.06 percent compared to the previous month's NTUP.

Related Official Statistics News

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

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

The North Sumatra Province Farmer's Exchange Rate in May 2021 is 118.58

The Sumatera Utara Province Farmer's Exchange Rate in September 2022 is 119.33

The Farmer Exchange Rate of North Sumatra Province September 2020 was 110.44

BPS-Statistics Indonesia

Batu Bara Regency

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