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Kepulauan Riau’s Farmers Term of Trade in August 2020

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Release Date	:	September 1, 2020
File Size	:	0.79 MB

Abstract

Farmer Exchange Rate (NTP) is a comparison of the price index received by farmers (It) against 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 2020, the Kepulauan Riau Province NTP was recorded at 97.94 or an increase of 1.12 percent compared to the NTP in July 2020.

NTP of Food Crops subsector was recorded at 101.11; NTP of Horticulture sub-sector NTP was 100.95; NTP of Community Plantation Crops subsector was 86.60; NTP of the Livestock subsector was 102.25; and NTP of fisheries subsector was 103.68.

The Agricultural Business Exchange Rate (NTUP) of Kepulauan Riau Province in August 2020 was recorded at 98.87, an increase of 0.99 percent compared to the previous month.

NTUP of the Food Crop subsector was recorded at 100.89; NTUP of Horticulture subsector was 102.70; NTUP for Plantation Crops subsector was 87.41; NTUP of Livestock subsector was 103.16; and NTUP of Fisheries subsector was 104.30.

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