Development of Farmer's Exchange Rate (NTP) Kepulauan Riau Province February 2023 - BPS-Statistics Indonesia Kep. Riau Province

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Development of Farmer's Exchange Rate (NTP) Kepulauan Riau Province February 2023

Release Date : March 1, 2023
File Size : 0.9 MB

Abstract

  • Farmers Terms of Trade (NTP) is a comparison of the price index received by farmers (It) to 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 February 2023, Kepulauan Riau Province's NTP was recorded at 104.26 or decreased by 0.10 percent compared to January 2023's NTP.
    NTP of the Food Crops subsector was recorded at 98.50; NTP subsector
    Horticulture at 109.63; NTP of the People's Plantation Plantation sub-sector of 94.83; NTP of the Livestock subsector of 100.77; and the Fisheries sub-sector NTP of 110.66.
  • The Agricultural Business Exchange Rate (NTUP) for Kepulauan Riau Province in February 2023 was recorded at 102.32 or decreased by 0.06 percent compared to January 2023.
  • NTUP of the Food Crops subsector was recorded at 94.76; NTUP Horticulture subsector of 106.28; NTUP of the People's Plantation Plantation sub-sector of 91.69; NTUP of the Livestock subsector of 101.42; and NTUP in the Fisheries subsector of 110.66.
Badan Pusat Statistik

BPS-Statistics Indonesia

Badan Pusat Statistik Provinsi Kepulauan Riau

(Statistics of Kepulauan Riau Province)

Jl. Ahmad Yani No. 21 Tanjungpinang 29124

Telp. (0771) 4500155 / 4500150 (PST);Fax. (0771) 4500157 E-mail: bps2100@bps.go.id

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