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The North Sumatra Province Farmer's Exchange Rate in June 2021 is 116.56

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Release Date	:	July 1, 2021
File Size	:	1.86 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 of agricultural products with goods and services consumed as well as for production costs.

In June 2021, the NTP of North Sumatra Province (2018=100) was recorded at 116.56, down 1.70 percent compared to the NTP in May 2021, which was 118.58.

The decline in NTP in June 2021 was due to a decrease in FTT in three sub-sectors, namely the NTP of the Horticulture sub-sector by 2.98 percent, the NTP of the People's Plantation Sub-sector by 3.03 percent, and the NTP of the Fisheries sub-sector by 0.19 percent. Meanwhile, the NTP of the other two sub-sectors experienced an increase, namely the FTT for the Food Crops sub-sector by 0.32 percent and the NTP for the Livestock Sub-sector by 0.97 percent.

Changes in the Household Consumption Index (IKRT) reflect the rate of rural inflation/deflation. In June 2021, there will be a rural deflation in North Sumatra of 0.23 percent.

The Agricultural Household Business Exchange Rate (NTUP) of North Sumatra Province in June 2021 was 117.27 or decreased by 2.04 percent. compared to NTUP the previous month

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 October 2021 is 123.21

The North Sumatra Province Farmer's Exchange Rate in November 2021 is 125.75

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

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

BPS-Statistics Indonesia

Badan Pusat Statistik Kabupaten Humbang Hasundutan (Statistics of Humbang Hasundutan Regency)Jl. Kolonel P.H.Purba

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