The Farmer Terms Of Trade In June 2003

Release Date	:	September 1, 2003
File Size	:	0.13 MB

Abstract

In June 2003, the average price of goods and services consumed by households in rural areas decreased by 1.73 per cent, while the food crops farmers sold their production only at the 3.63 per cent lower price, compared to the price in May 2003. As the results, the national value of Farmer Term of Trade (FTT) in June 2003 experienced a decrease of 1.54 per cent, from 119.18 in May to 117.34 in June. This relative decrease has been happening since February 2003.
From 17 provinces observed during June 2003, 9 provinces had FTT above 100 and 8 provinces had FTT below 100. The highest FTT was reached by Nusa Tenggara Timur (156.97), while the lowest figure was recorded by Lampung (72.66).

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