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

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Development of Farmer Exchange Rate (NTP) of Kepulauan Riau Province May 2023

Release Date : June 5, 2023
File Size : 0.42 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 May 2023, Kepulauan Riau Province's NTP was recorded at 104.51 or decreased by 0.48 percent compared to April 2023's NTP.
  • NTP of the Food Crops subsector was recorded at 98.80; Horticulture sub-sector NTP of 104.05; NTP of the People's Plantation Plantation sub-sector of 100.96; NTP of the Livestock subsector of 100.82; and the Fisheries subsector NTP of 110.21.
  • The Agricultural Business Exchange Rate (NTUP) for Kepulauan Riau Province in May 2023 was recorded at 102.00 or decreased by 0.50 percent compared to April 2023.
  • NTUP of the Food Crops subsector was recorded at 94.85; Horticulture sub-sector NTUP of 101.08; NTUP of the People's Plantation Plantation sub-sector of 96.18; NTUP subsector
  • 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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