The North Sumatra Province Farmer's Exchange Rate in May 2021 is 118.58 - BPS-Statistics Indonesia Nias Utara Regency
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Nias Utara Regency

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The North Sumatra Province Farmer's Exchange Rate in May 2021 is 118.58

The North Sumatra Province Farmer's Exchange Rate in May 2021 is 118.58Download Official Statistics News
Release Date : June 4, 2021
File Size : 1.91 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 of agricultural products with goods and services consumed as well as for production costs.

• In May 2021, the NTP of North Sumatra Province (2018=100) was recorded at 118.58 or an increase of 0.89 percent compared to the NTP in April 2021, which was 117.53.

• The increase in NTP in May 2021 was due to an increase in FTT in four sub-sectors, namely the FTT for the Food Crops sub-sector by 0.84 percent, the NTP for the People's Plantation Sub-sector by 1.53 percent, the NTP for the Livestock sub-sector by 1.44 percent, and the NTP for the Fisheries Sub-sector by 0. ,58 percent. Meanwhile, the NTP of the Horticulture subsector decreased by 3.80 percent.
• Changes in the Household Consumption Index (IKRT) reflect the rate of rural inflation/deflation. In May 2021, there will be a rural deflation in North Sumatra of 0.05 percent.

• The Agricultural Household Business Exchange Rate (NTUP) of North Sumatra Province in May 2021 was 119.72 or an increase of 0.69 percent. compared to the previous month's NTUP.

Related Official Statistics News

North Sumatra Province Farmer Exchange Rate April 2021 amounted to 117.53

North Sumatra Province Farmer Exchange Rate April 2021 amounted to 117.53

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The number of foreign tourists from North Sumatra in April 2021 is 32 visits

The number of tourists from North Sumatra in March 2021 was 57 visits

The number of tourists from North Sumatra in March 2021 was 57 visits

Economy of North Sumatra, Quarter I 2021 Down 1.85 percent (y-on-y)

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The Exchange Rate of Farmers in Sumatera Utara Province in December 2019 was 99.08

The Exchange Rate of Farmers in Sumatera Utara Province in December 2019 was 99.08

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