The Farmer Exchange Rate of North Sumatra Province in August 2020 was 108.53 - BPS-Statistics Indonesia Humbang Hasundutan Regency

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The Farmer Exchange Rate of North Sumatra Province in August 2020 was 108.53

The Farmer Exchange Rate of North Sumatra Province in August 2020 was 108.53Download Official Statistics News
Release Date : September 1, 2020
File Size : 0.95 MB

Abstract

Farmer Exchange Rate (NTP) is the comparison of the price index received by farmers (It) to the price index paid by farmers (Ib). NTP is an indicator to see the level of ability / purchasing power of farmers in rural areas. NTP also shows the terms of trade of agricultural products with goods and services consumed as well as for production costs.
  • In August 2020, the NTP of North Sumatra Province (2018 = 100) was recorded at 108.53, an increase of 1.58 percent compared to the NTP in July 2020, which was 106.84.
  • The increase in NTP in August 2020 was caused by an increase in NTP in two sub-sectors, namely the NTP of the Community Plantation Sub-sector by 3.52 percent, and NTP in the Fisheries Sub-sector by 0.59 percent. Meanwhile, the NTP of the Food Crops subsector decreased by 0.04 percent, the NTP of the Horticultural Crops subsector decreased by 1.86 percent, and the NTP of the Animal Husbandry subsector decreased by 0.14 percent.
  • Changes in the Household Consumption Index (IKRT) reflect rural inflation / deflation figures. In August 2020, there was rural deflation in North Sumatra of 0.07 percent.
  • The Agricultural Household Business Exchange Rate (NTUP) of North Sumatra Province in August 2020 was 108.45 or an increase of 1.51 percent compared to NTUP in the previous month.
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