Farmer Exchange Rate (NTP) for January 2020 was 104.16, up 0.78 percent

Release Date	:	February 3, 2020
File Size	:	2.01 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 January 2020 was 104.16, up 0.78 percent compared to the previous month's NTP. The increase in NTP was due to the Farmer Received Price Index (IT) which rose by 1.53 percent, higher than the increase in the Farmer Paid Price Index (Ib) of 0.75 percent.

In January 2020, Riau Province NTP experienced the highest increase (5.59 percent) compared to the increase in other provinces. In contrast, the NTP of the Province of Aceh experienced the greatest decline (0.97 percent) compared to the decline in other provinces.

In January 2020 there was a change in the Household Consumption Index (IKRT) in Indonesia by 0.88 percent due to an increase in the index in the ten compilers of IKRT, mainly the Food, Beverage and Tobacco Group. The national agricultural household exchange rate (NTUP) in January 2020 was 104.72, up 1.10 percent compared to NTUP the previous month.[100-20200203]

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Farmer Exchange Rate (NTP) for January 2020 was 104.16, up 0.78 percent