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The East Java Fishermen Exchange Rate in September 2019 rose 1.21 percent

Release Date	:	October 1, 2019
File Size	:	1.51 MB

Abstract

The East Java Fishermen Exchange Rate (FER) in September 2019 rose 1.21 percent from 126.97 in August 2019 to 128.52 in September 2019. This increase was due to the price index received by fishermen increased by 0.61 percent, while the price index paid by fishermen dropped by 0.60 percent.
The development of FER in September 2019 against December 2018 (calendar year) rose by 1.93 percent. The development of FER in September 2019 against September 2018 (year-on-year) decreased by 1.25 percent.
Of the six provinces in Java that performed FER calculations in September 2019, five provinces experienced an increase in FER and only one province experienced a decrease in FER. FER increase occurred in the Province of D.I. Yogyakarta by 2.00 percent, West Java Province by 1.62 percent, Banten Province by 1.28 percent, East Java Province by 1.21 percent, and Central Java Province by 0.72 percent. The province that experienced a decline in FER was DKI Jakarta by 0.11 percent.

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