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Farmer Exchange Rate (NTP) in June 2019 amounted to 102.33, down 0.28 percent

Farmer Exchange Rate (NTP) in 	June 2019 amounted to 102.33, down 0.28 percent
Release Date : July 1, 2019
File Size : 2.43 MB

Abstract

  • Farmer Exchange Rate (NTP) is a comparison of the index of prices received by farmers (It) against 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 terms of trade of agricultural products with goods and services consumed and for production costs. The higher the NTP, the stronger the ability / purchasing power of farmers is relatively stronger.
  • The national NTP for June 2019 was 102.33, down 0.28 percent compared to the previous month's NTP. The decrease in NTP was due to the Farmer Accepted Price Index (It) which rose by 0.15 percent, lower than the increase in the Farmer Paid Price Index (Ib) of 0.43 percent.
  • In June 2019, Nusa Tenggara Barat Province NTP experienced the highest increase (1.43 percent) compared to the increase in other provincial NTPs. In contrast, Riau Province NTP experienced the largest decrease (3.12 percent) compared to the decrease in other provincial NTPs.
  • In June 2019 there was rural inflation in Indonesia of 0.57 percent, caused by a increase in the index in all the composing food expenditure.
  • The national Agricultural Household Exchange (NTUP) value for June 2019 was 112.01 increase 0.06 percent compared to NTUP the previous month.
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