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The Farmers' Exchange Rate for North Sumatra Province in July 2023 was 122.33

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Release Date	:	August 1, 2023
File Size	:	3.63 MB

Abstract

Farmers Terms of Trade (NTP) is a comparison of the price index received by farmers (It) to the price index 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 exchange power (terms of trade) of agricultural products with goods and services consumed as well as for production costs.
In July 2023, the NTP for North Sumatra Province (2018=100) was recorded at 122.33, up 0.11 percent compared to the NTP in June 2023, which was 122.19.
The increase in July 2023 NTP was caused by an increase in three sub-sectors, namely the NTP in the Food Crops sub-sector by 0.14 percent, the NTP in the Horticulture sub-sector by 1.52 percent, and the NTP in the People's Plantation Plants sub-sector by 0.19 percent. Meanwhile, the NTP of two other sub-sectors experienced a decline, namely the NTP of the Livestock sub-sector by 1.29 percent and the NTP of the Fisheries sub-sector by 0.52 percent.
The Agricultural Household Business Exchange Rate (NTUP) for North Sumatra Province in July 2023 was 120.18, an increase of 0.28 percent compared to the previous month's NTUP.

Related Official Statistics News

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

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

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

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

The Farmer Exchange Rate of North Sumatra Province in March 2021 was 117.05

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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