The Farmer Exchange Rate of North Sumatra Province in March 2021 was 117.05 - BPS-Statistics Indonesia Humbang Hasundutan Regency

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

The Farmer Exchange Rate of North Sumatra Province in March 2021 was 117.05Download Official Statistics News
Release Date : April 1, 2021
File Size : 1.52 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 determine the level of ability / purchasing power of rural farmers. NTP also shows the terms of trade of agricultural products with goods and services consumed as well as for production costs.

• In March 2021, the NTP of North Sumatra Province (2018 = 100) was recorded at 117.05 or an increase of 2.06 percent compared to the NTP in February 2021, which was 114.69.

• The increase in NTP in March 2021 was caused by an increase in NTP in two sub-sectors, namely the NTP of the People's Plantation sub-sector by 4.02 percent and NTP in the Animal Husbandry sub-sector by 0.15 percent. Meanwhile, the NTP of the other three sub-sectors experienced a decline, namely the NTP of the Food Crops sub-sector by 0.20 percent, NTP of the Horticulture sub-sector by 0.27 percent, and NTP of the Fisheries subsector by 0.44 percent.
  
• Changes in the Household Consumption Index (IKRT) reflect
rural inflation / deflation rate. In March 2021, there was deflation
rural areas in North Sumatra by 0.28 percent.
 
 
• Agricultural Household Business Exchange Rate (NTUP) of North Sumatra Province in March 2021 amounted to 118.77 or an increase of 1.83 percent.
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