The Farmer Exchange Rate (NTP) for Jambi Province in November 2023 was 138.7 (up 1.03 percent), while the Agricultural Household Business Exchange Rate (NTUP) was 139.75 (up 2.12 percent) - BPS-Statistics Indonesia Merangin Regency
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The Farmer Exchange Rate (NTP) for Jambi Province in November 2023 was 138.7 (up 1.03 percent), while the Agricultural Household Business Exchange Rate (NTUP) was 139.75 (up 2.12 percent)

The Farmer Exchange Rate (NTP) for Jambi Province in November 2023 was 138.7 (up 1.03 percent), while the Agricultural Household Business Exchange Rate (NTUP) was 139.75 (up 2.12 percent)Download Official Statistics NewsDownload Infographic
Release Date : December 1, 2023
File Size : 3.31 MB

Abstract

  • Farmers’ Terms of Trade (FTT) is the ratio of the index of prices received by farmers (It) and the index of prices paid by farmers (Ib).
  • FTT is an indicator to measure the farmers’ purchasing power parity in rural areas. FTT shows the terms of trade of agricultural products with goods and services consumption and production costs.
  • In November 2023, Jambi Province FTT was 138.72 or increased by 1.03 percent compared with that in October 2023. The increase in FTT was due to the increase in the index of prices received by farmers (It) at 2.22 percent, while the index of prices paid by farmers (Ib) increased at 1.19 percent.
  • The price index of household consumption (IKRT) in November 2023 increased by 1.46 percent, which was due to the increase in the indexes of Food, Beverage and Tobacco group.
  • Jambi Province, Agriculture’s Terms of Trade (NTUP) was 139.75 in November 2023 or increased by 2.12 percent compared with October 2023.

  • Related Official Statistics News

    The Jambi Province Farmer Exchange Rate (NTP) in December 2023 was 139.77 (up 0.75 percent), while the Jambi Province Agricultural Household Business Exchange Rate (NTUP) was 141.60 (up 1.33 percent)

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    The Jambi Province Farmer Exchange Rate (NTP) in April 2024 increased by 2.49 percent, while the Jambi Province Agricultural Household Business Exchange Rate (NTUP) increased by 2.77 percent.

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