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The East Java Farmer Exchange Rate (NTP) for March 2023 rose 0.41 percent. The Price Index Received by Farmers (It) rose 0.70 percent and the Price Index Paid by Farmers (Ib) rose 0.28 percent. The Agricultural Business Exchange Rate (NTUP) rose 0.62 percent

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Release Date	:	April 3, 2023
File Size	:	2.06 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.
The East Java Farmer Exchange Rate (NTP) for March 2023 rose 0.41 percent from 106.37 to 106.82. The increase in FTT was due to the price index received by farmers (It) which increased by 0.70 percent higher than the price index paid by farmers (Ib) which increased by 0.28 percent.
In March 2023, four agricultural sub-sectors experienced an increase in NTP and one other sub-sector experienced a decrease in NTP. The sub-sector that experienced the largest increase in NTP occurred in the Horticulture sub-sector by 5.27 percent from 116.31 to 122.45, followed by the Livestock sub-sector by 0.24 percent from 101.08 to 101.32, the Fisheries sub-sector by 0.10 percent from 100 .15 to 100.25, the People's Plantation Crops sub-sector by 0.09 percent from 101.41 to 101.50. The only sub-sector that experienced a decline in NTP was the Food Crops sub-sector with a decrease of 0.51 percent from 107.69 to 107.15.
Of the five provinces on Java Island that carried out NTP calculations in March 2023, East Java Province was the only province that experienced an increase in NTP with an increase of 0.41 percent. Meanwhile, other provinces experienced a decline, with the largest decrease in NTP occurring in Banten Province by 1.67 percent, followed by West Java by 1.43 percent, Central Java by 1.36 percent, and the Special Region of Yogyakarta by 0.79 percent.

Related Official Statistics News

The Fishermen's Exchange Rate (NTN) in March 2023 was 101.71 or an increase of 0.08 percent. The Price Index Received by Fishermen (It) rose 0.31 percent and the Price Index Paid by Fishermen (Ib) rose 0.23 percent

The November 2023 Fisherman's Exchange Rate (NTN) was 98.11 or down 1.82 percent, and the Price Index Received by Fishermen (It) fell 1.51 percent and the Price Index Paid by Fishermen (Ib) rose 0.31 percent

Fishermen's Exchange Rate (NTN) in October 2022 was 102.83 or increased by 0.37 percent; The Price Received by Fishermen Index (It) was up 0.48 percent and the Price Index Paid by Fishermen (Ib) was up 0.11 percent

The Fisherman's Exchange Rate (NTN) in East Java in July 2021 increased by 0.62 percent

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

BPS-Statistics Indonesia

BPS Provinsi Jawa Timur (Statistics Jawa Timur)Jalan Raya Kendangsari Industri No. 43 - 44 Surabaya 60292

Telp. (031) 8439343

Fax (031) 8494007

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Email : bps3500@bps.go.id

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