Sumatera Utara Province Farmer Exchange Rate July 2024 is 134.23 - BPS-Statistics Indonesia Sumatera Utara Province

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

Sumatera Utara Province Farmer Exchange Rate July 2024 is 134.23

Release Date : August 1, 2024
File Size : 3.5 MB

Abstract

Farmer Exchange Rate (NTP) is a comparison of the price index received by farmers (It) to the price index paid by farmers (Ib).
  • NTP is one of the indicators to see the level of ability/purchasing power of farmers in rural areas. NTP also shows the exchange rate (terms of trade) of agricultural products with goods and services consumed as well as for production costs.
  • In July 2024, the NTP of Sumatera Utara Province (2018=100) was recorded at 134.23 or an increase of 0.76 percent compared to the NTP in June 2024, which was 133.22.
  • The increase in the NTP in July 2024 was due to an increase in the NTP of two sub-sectors, namely the NTP of the Food Crops sub-sector by 0.62 percent and the NTP of the People's Plantation Crops sub-sector by 2.18 percent. Meanwhile, the NTP of the other three sub-sectors experienced a decline, namely the NTP of the Horticulture sub-sector by 7.66 percent, the NTP of the Livestock sub-sector by 1.00 percent, and the NTP of the Fisheries sub-sector by 0.56 percent.
  • The Agricultural Household Business Exchange Rate (NTUP) of North Sumatra Province in July 2024 was 133.35 or an increase of 0.01 percent compared to the NTUP of the previous month.
  • Badan Pusat Statistik

    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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