Farmer's Exchange Rate (NTP) in August 2021 was 104.68 or up 1.16 percent

Release Date	:	September 1, 2021
File Size	:	1.22 MB

Abstract

Farmer's Exchange Rate (NTP) is the ratio of the price index received by farmers (It) to the index of price 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 terms of trade (terms of trade) of agricultural products with goods and services consumed as well as for production costs.
The national NTP in August 2021 was 104.68, an increase of 1.16 percent compared to the NTP in the previous month. The increase in NTP was due to the Price Index Received by Farmers (It) which increased by 1.17 percent; higher than the increase in the Price Index Paid by Farmers (Ib) by 0.01 percent.
Nationally, the NTP from January to August 2021 is 103.47 with an It value of 111.44 while Ib is 107.71.
In August 2021, the NTP of the Kepulauan Bangka Belitung Province experienced the highest increase (3.68 percent) compared to the increase in the NTP of other provinces. On the other hand, the NTP of the Kepulauan Riau Province experienced the largest decline (1.41 percent) compared to the decline in the NTP of other provinces.
In August 2021 there was a decrease in the Household Consumption Index (IKRT) in Indonesia by 0.05 percent due to a decrease in the index in the food, beverage and tobacco expenditure group.
The national Agricultural Household Business Exchange Rate (NTUP) in August 2021 was 104.80, an increase of 1.00 percent compared to the previous month's NTUP.

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