| Release Date | : | January 2, 2025 |
| File Size | : | 3.47 MB |
Abstract
The Farmer's Exchange Rate (NTP) is the comparison between the
index of prices received by farmers (It) and the index of prices paid by
farmers (Ib).
NTP is one of the indicators used to assess the purchasing
power of farmers in rural areas. NTP also reflects the terms of trade between
agricultural products and goods and services consumed, as well as production
costs.
The NTP in West Java in December 2024 increased by 0.42
percent compared to November 2024, from 111.24 to 111.71.
The Agricultural Production Price Index (IT) increased by 0.86
percent, and the Index of Goods and Services Consumed by Farmers (IB) increased
by 0.44 percent.
The Agricultural Household Business Exchange Rate (NTUP) in
West Java in December 2024 increased by 0.81 percent, while the Production Cost
and Capital Goods Addition Index (BPPBM) increased by 0.05 percent.
Related Official Statistics News
West Java Farmer's Exchange Rate in October 2022 was 100.83 or an increase of 0.37 percent (2018 = 100)
Jawa Barat Farmer's Exchange Rate in October 2021 was 97.93 or an increase of 1.21 percent (2018 = 100).
Jawa Barat Farmer's Exchange Rate in August 2022 was 100.22 or an increase of 0.25 percent (2018 = 100)
Farmers’ Terms of Trade (FTT) in January 2025 amounted to 114.17, an increase of 2.21 percent compared to December 2024.
Farmer Exchange Rate of Jawa Barat in December 2021 of 98.80 or an increase of 1.02 percent (2018 = 100)
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