Farmer Exchange Rates of Sumatera Utara Province February 2020 amounted to 111.71

• Farmer Exchange Rate (NTP) is a comparison of the price index received by farmers (It) against the price index paid by farmers (Ib).
• FTT 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.
• In February 2020, the Sumatera Utara Province NTP (2018 = 100) was 111.71, down 1.74 percent compared to the January 2020 NTP which was 113.69.
• The decrease in FTT in February 2020 was due to the decline in FTT in the Food Crop subsector by 0.13 percent, FTT in the People's Plantation Plant subsector by 3.29 percent, FTT in the Livestock subsector by 1.29 percent, and FTT in the Fisheries subsector by 1.71 percent. While the Horticultural Subsector NTP rose by 2.23 percent.
• Changes in the Household Consumption Index (IKRT) reflect the rural inflation / deflation rate. In February 2020, rural inflation in Sumatera Utara occurred at 0.54 percent. This was caused by the rise in the household consumption index in 8 consumption groups.
• Sumatera Utara Province Agricultural Exchange (NTUP) in Sumatera Utara Province in February 2020 was 112.53 or decreased by 1.51 percent compared to NTUP the previous month.