Farmers Exchange Rate (NTP) of Banten November 2017 amounted to 101.29 or Increase 0.28 Percent

·         NTP Banten November 2017 amounted to 101.29 or up 0.28 percent compared to the previous month NTP. Increase in NTP because the rate of increase in the Price Index Received Farmers (It) is still faster than the rate of increase in the Paid Price Index of Farmers (Ib).

·         In November 2017 there was inflation in rural areas in Banten Province of 0.24 percent mainly due to the inflation of clothing group by 0.52 percent.

·         Agricultural Business Exchange Rate (NTUP) Banten November 2017 amounted to 107.09 or up 0.34 percent compared to NTUP the previous month.

·         The average price of grain at the farmer level in November compared to the October situation for Cassava Rice Harvest (GKP) increased by 4.64 percent and for Grain outside quality increased by 5.56 percent.

·         The average price of grain in November 2017 at Farmer's level for GKG quality Rp.5.207, GKP Rp.5.100, - per kg, - and low quality Rp.4.750, - per kg.

·         The lowest price of grain at the farm level is Rp.4.400, - per kg for GKP quality with ciherang variety and the highest price at farmer level is Rp.5.900, - per kg for the quality of GKG with Ciherang varieties.

·         The nominal wage of farm laborers in November 2017 compared to the wage of peasants in October 2017 increased by 0.58 percent or up from Rp.49.155 per day to Rp.49.440 per day. In real terms *) increased 0.34 percent, up from Rp.37.106, - per day to Rp.37.231- per day.