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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

The Farmers' Exchange Rate for Sumatera Utara Province in August 2023 was 122.99

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Release Date	:	September 1, 2023
File Size	:	3.58 MB

Abstract

Farmers Terms of Trade (NTP) is a comparison of the price index received by farmers (It) to 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 the exchange power (terms of trade) of agricultural products with goods and services consumed as well as for production costs.

In August 2023, the Province of North Sumatra's NTP (2018=100) was recorded at 122.99, up 0.55 percent compared to July 2023's NTP, which was 122.33.

The increase in the NTP in August 2023 was caused by an increase in the NTP of three sub-sectors, namely the NTP in the Food Crops sub-sector by 0.49 percent, the NTP in the Horticulture sub-sector by 1.64 percent, and the NTP in the People's Plantation Plantation sub-sector by 0.74 percent. Meanwhile, the NTP of two other sub-sectors experienced a decline, namely the NTP of the Livestock sub-sector by 1.04 percent and the NTP of the Fisheries sub-sector by 0.51 percent.

The Agricultural Household Business Exchange Rate (NTUP) for North Sumatra Province in August 2023 was 121.23 or an increase of 0.87 percent compared to the previous month's NTUP.

Related Official Statistics News

The Farmers Exchange Rate For Sumatera Utara Province In January 2023 Was 123.78

The Farmers Exchange Rate For Sumatera Utara Province In March 2023 Was 127.40

The Farmers Exchange Rate Of Sumatera Utara Province In May 2023 Was 123.51

The Farmers Exchange Rate Of Sumatera Utara Province In February 2023 Was 125.34

The Sumatera Utara Province Farmers Exchange Rate In June 2023 Was 122.19

BPS-Statistics Indonesia

Badan Pusat Statistik Provinsi Sumatera Utara (Statistics of Sumatera Utara Province)

Jl. Asrama No. 179 Medan 20123 Indonesia

Telp (62-61) 8452343

Faks (62-61) 8452773

Mailbox : pst1200@bps.go.id

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