Farmers Exchange Rate (NTP) February 2021 amounted to 103.10 or decreased by 0.15 percent

Release Date	:	March 1, 2021
File Size	:	1.23 MB

Abstract

Farmer Exchange Rate (NTP) is the comparison of the price index received by farmers (It) to the price index paid by farmers (Ib).
NTP is an 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.
The national NTP for February 2021 was 103.10 or decreased by 0.15 percent compared to the NTP in the previous month. The decrease in NTP was due to the increase in the Price Index for Farmers Received (It) by 0.06 percent, which is lower than the increase in the Price Index Paid by Farmers (Ib) of 0.21 percent.
Nationally, the NTP for January-February 2021 was 103.18 with an It value of 110.68 while Ib was 107.27.
In February 2021, the NTP of Papua Barat Province experienced the largest decrease (1.20 percent) compared to the decrease in NTP of other provinces. In contrast, the NTP of Sumatra Selatan Province experienced the highest increase (2.02 percent) compared to the increase in NTP of other provinces.
In February 2021, there was an increase in the Household Consumption Index (IKRT) in Indonesia by 0.17 percent which was caused by an increase in the index in the ten expenditure groups.
The national agricultural household business exchange rate (NTUP) in February 2021 was 103.72 or decreased by 0.27 percent compared to NTUP in the previous month.

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