Sumatera Utara Province

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BPS Integrated Statistics Service for North Sumatra Province on Jl. Asrama no. 179, Medan, 20123, email pst1200@bps.go.id with the subject Data Request

Farmer's Exchange Rate of Sumatera Utara Province April 2022 is 130.38

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Release Date	:	May 9, 2022
File Size	:	2.66 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.

In April 2022, the NTP of Sumatera Utara Province (2018=100) was recorded at 130.38, an increase of 1.34 percent compared to the NTP in March 2022, which was 128.65.

The increase in NTP in April 2022 was due to the increase in NTP in two sub-sectors, namely the NTP for the People's Plantation Sub-sector by 2.49 percent and the NTP for the Livestock sub-sector by 1.48 percent. Meanwhile, the FTT of the other three sub-sectors decreased, namely the FTT of the Food Crops sub-sector by 0.50 percent, the FTT of the Horticulture sub-sector by 1.55 percent, and the FTT of the Fisheries sub-sector by 0.13 percent.

Changes in the Household Consumption Index (IKRT) reflect the rate of rural inflation/deflation. In April 2022, there was a rural deflation in Sumatera Utara of 0.07 percent.

The Agricultural Household Business Exchange Rate (NTUP) of Sumatera Utara Province in April 2022 was 128.72, an increase of 0.51 percent compared to the previous month's NTUP.

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