December 2019 Farmers Exchange Rate (NTP) was 104.46 or up 0.35 percent

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December 2019 Farmers Exchange Rate (NTP) was 104.46 or up 0.35 percent

Development of Farmer Exchange Rates December 2019

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Release Date	:	January 2, 2020
File Size	:	1.86 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 December 2019 was 104.46, up 0.35 percent compared to the previous month's NTP. The increase in NTP was due to the Farmer Accepted Price Index (It) which rose by 0.59 percent, higher than the increase in the Farmer Paid Price Index (Ib) of 0.24 percent.
In December 2019, Riau Province NTP experienced the highest increase (2.65 percent) compared to the increase in other provincial NTPs. In contrast, Papua Barat Province NTP experienced the largest decrease (1.08 percent) compared to the decrease in other provincial NTPs.
In December 2019 there was rural inflation in Indonesia of 0.28 percent, caused by a increase in the index in the entire group making up the Household Consumption Index.
The national Agricultural Household Exchange (NTUP) value for December 2019 was 114.04 increase 0.43 percent compared to NTUP the previous month.

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