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Farmer Exchange Rate (NTP) for April 2020 is 100.32, or 1.73 Percent Down

Farmer Exchange Rate (NTP) for April 2020 is 100.32, or 1.73 Percent Down
Release Date : May 4, 2020
File Size : 1.89 MB

Abstract

  • Farmer Exchange Rate (NTP) is a comparison of the price index 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 the exchange power (terms of trade) of agricultural products with goods and services consumed as well as for production costs.
  • The April 2020 national NTP was 100.32, down 1.73 percent compared to the previous month's NTP. The decrease in NTP was due to the Farmer Received Price Index (IT) which fell by 1.64 percent, while the Farmer Paid Price Index (Ib) rose by 0.10 percent.
  • In April 2020, Riau Province NTP experienced the highest increase (1.66 percent) compared to the increase in other provinces. On the contrary, the NTP of the Kalimantan Barat Province experienced the greatest decline (3.27 percent) compared to the decline in other provinces.
  • In April 2020 there was a change in the Household Consumption Index (IKRT) in Indonesia by 0.11 percent due to an increase in the index in the ten compilers of IKRT, especially the Personal Care Group and Other Services.
  • The April 2020 National Agricultural Household Trade Rate was 101.13, down 1.72 percent compared to NTUP the previous month.
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