Fisherman's Exchange Rate (NTN) September 2023 is 100.01 or down 1.67 percent - BPS-Statistics Indonesia Jawa Timur Province

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Fisherman's Exchange Rate (NTN) September 2023 is 100.01 or down 1.67 percent

Release Date : October 2, 2023
File Size : 1.2 MB

Abstract

Fisherman's Exchange Rate (NTN) is a comparison of the price index received by fishermen (It) to the price index paid by fishermen (Ib). NTN is an indicator to see the level of fishermen's ability/purchasing power. NTN also shows the exchangeability (terms of trade) of captured fishery products for goods and services consumed and for production costs. The East Java Fisherman's Exchange Rate (NTN) in September 2023 fell 1.67 percent from 101.70 in August 2023 to 100.01 in September 2023.
The development of NTN in September 2023 compared to December 2022 (calendar year) decreased by 2.43 percent. Meanwhile, the development of NTN in September 2023 compared to September 2022 (year on year) decreased by 2.38 percent. Of the six provinces on the island of Java that carried out NTN calculations in September 2023, five provinces experienced a decrease in NTN, and one province experienced an increase in NTN. East Java Province was the province that experienced the highest decline in NTN, namely 1.67 percent, followed by Banten Province which fell 1.35 percent, Yogyakarta Special Region Province fell 0.38 percent, DKI Jakarta Province fell 0.31 percent and Central Java Province fell 0.12 percent. West Java Province was the only province that experienced an increase in NTN, namely 0.24 percent. In September 2023, the Household Consumption Index (IKRT) in East Java increased by 0.56 percent and the Production Cost and Additional Capital Goods Index (BPPBM) also increased by 0.21 percent.
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