Farmers Exchange Rate in Banten April 2018 amounted to 99.68

NTP Banten April 2018 amounted to 99.68 or decreased 1.31 percent compared to the previous month's NTP. Decrease in NTP as the rate of increase in the Price Index Received by Farmers (It) is still slower than the rate of increase in the Paid Price Index of Farmers (Ib).

In April 2018 there was inflation in rural areas in Banten Province at 0.67 percent caused by inflation in the finished food, beverage, cigarette and tobacco group at 1.19 percent.
    Agricultural Trade Exchange Rate (NTUP) of Banten April 2018 amounted to 105.91 or down 1.05 percent compared to NTUP the previous month.
    The average price of grain at farmer level in April compared to March for dry unhusked Rice (GKG) decreased 1.11 percent, Rice Harvest (GKP) decreased 0.76 percent and for Grain outside quality decreased by 1.60 percent .
    Average price of grain in April 2018 at Farmer level for GKG quality Rp.5.357, GKP Rp.4.845, - per kg, - and low quality Rp.4.133, - per kg.
    The lowest price of grain at the farm level is Rp.3.900, - per kg for low quality with IR64 variety and the highest price at the farmer level of Rp5,500, - per kg for the quality of GKG with Ciherang varieties.
    The nominal wage of farm laborers in April 2018 compared to the wages of farmers in March 2018 increased by 0.71 percent or up from Rp.59.156, - ​​per day to Rp.59.576, - per day. In real terms *) rose 0.04 percent, up from Rp.43.613, - per day to Rp43.629 per day.