The Farmer Exchange Rate of North Sumatra Province, February 2021, was 114.69 - BPS-Statistics Indonesia Dairi Regency

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The Farmer Exchange Rate of North Sumatra Province, February 2021, was 114.69

The Farmer Exchange Rate of North Sumatra Province, February 2021, was 114.69Download Official Statistics News
Release Date : March 2, 2021
File Size : 1.42 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.
  • In February 2021, the NTP of North Sumatra Province (2018 = 100) was recorded at 114.69 or decreased 0.23 percent compared to the NTP in January 2021, which was 114.96.
  • The decline in NTP in February 2021 was caused by the decline in NTP in two sub-sectors, namely the NTP of the Horticulture sub-sector, which fell by 0.52 percent and the NTP of the People's Plantation sub-sector by 0.75 percent. Meanwhile, three other sub-sectors experienced an increase, namely the NTP of the Food Crops sub-sector by 0.61 percent, NTP of the Animal Husbandry sub-sector by 0.10 percent, and NTP of the fisheries subsector by 1.73 percent.
  • Changes in the Household Consumption Index (IKRT) reflect the rural inflation / deflation rate. In February 2021, there was rural inflation in North Sumatra of 0.08 percent.
  • The Exchange Rate of Agricultural Household Enterprises (NTUP) of North Sumatra Province in February 2021 amounted to 116.64 or decreased by 0.27 percent.
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