Sumatera Utara Province Farmer Exchange Rate August 2024 is 136.68 - 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 August 2024 is 136.68

Release Date : September 2, 2024
File Size : 2.47 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 August 2024, the NTP of North Sumatra Province (2018=100) was recorded at 136.68 or an increase of 1.83 percent compared to the NTP in July 2024, which was 134.23.
  • The increase in the NTP in August 2024 was due to an increase in the NTP of three sub-sectors, namely the NTP of the Food Crops sub-sector by 1.23 percent, the NTP of the People's Plantation Crops sub-sector by 2.93 percent, and the NTP of the Livestock sub-sector by 0.02 percent. Meanwhile, the NTP of the other two subsectors experienced a decline, namely the NTP of the Horticulture subsector by 3.08 percent and the NTP of the Fisheries subsector by 0.37 percent.
  • The Agricultural Household Business Exchange Rate (NTUP) of North Sumatra Province in August 2024 was 135.66 or an increase of 1.73 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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