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East Java Farmer's Exchange Rate (NTP) in September 2021 rose 0.52 percent

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Release Date	:	October 1, 2021
File Size	:	5.78 MB

Abstract

Farmers' Exchange Rate (NTP) is the ratio of the price index received by farmers (It) to the index of price 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 terms of trade (terms of trade) of agricultural products with goods and services consumed as well as for production costs.
The East Java Farmer's Exchange Rate (NTP) in September 2021 rose 0.52 percent from 100.06 to 100.58. The increase in NTP was due to the price index received by farmers (It) increased by 0.42 percent while the price index paid by farmers (Ib) decreased by 0.10 percent.
In September 2021, two agricultural sub-sectors experienced an increase in NTP and three sub-sectors experienced a decline. The sub-sector that experienced the largest increase in FTT occurred in the Food Crops sub-sector by 1.78 percent from 101.06 to 102.86, followed by the Fisheries sub-sector by 1.26 percent from 100.41 to 101.68. The sub-sector that experienced a decrease in FTT was the Horticulture sub-sector by 2.59 percent from 94.58 to 92.14, followed by the People's Plantation Sub-sector by 0.69 percent from 101.24 to 100.54 and the Livestock sub-sector by 0.68 percent from 99 .82 to 99.15
Five provinces on the island of Java that carried out the calculation of NTP in September 2021, four provinces experienced an increase in NTP and one province experienced a decrease in NTP. The largest increase in NTP occurred in Banten Province by 1.10 percent, followed by Central Java by 0.94 percent, East Java by 0.52 percent and West Java by 0.32 percent. Meanwhile, the Special Region of Yogyakarta fell by 0.19 percent.

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