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Farmer Exchange Rate (NTP) in July 2020 of 100.32 or an increase of 0.63 percent

Release Date	:	August 3, 2020
File Size	:	1.06 MB

Abstract

Banten FTT July 2020 was 100.32, up 0.63 percent compared to the previous month FTT. The increase in NTP is due to an increase in the Farmer Received Price Index (IT) which is higher than the increase in the Farmer Paid Price Index (Ib) • In July 2020 there was rural inflation in Banten Province by 0.42 percent. Inflation occurred in nine expenditure groups namely the Food, Beverage and Tobacco group, the Food and Beverage / Restaurant Supply group, the Personal Care and Other Services group, the Health Group, the Recreation, Sports, and Culture group, the Equipment, Equipment and Routine Maintenance group, The Clothing and Footwear Group, the Housing, Water, Electricity and Household Fuel Group and the Information, Communication and Financial Services group while the Transportation group experienced deflation as well as the permanent Education group.

Agriculture Exchange Rate (NTUP) Banten July 2020 amounted to 100.18 or up 0.86 percent compared to NTUP the previous month.

The average grain price at the farm level in July compared to June for Dry Grain (GKG) increased 1.25 percent, Dry Paddy Grain (GKP) increased by 3.6 percent, while low quality Paddy increased by 2 , 29 percent.

The average grain price in July 2020 at the Farmer level for the quality of MPD Rp. 4,406, Rp. 4,129 per kg and low quality Rp. 3,829. The lowest price of Rp. 3,700 for Low quality Ciherang varieties and the highest price at the farm level of Rp 5,000 for the quality of MPD Ciherang varieties

The nominal wage of farm laborers in July 2020 increased compared to June 2020, which was Rp. 65,516, - per day, but in real terms *) down from Rp. 61,237 per day to Rp. 61,122 per day.

Related Official Statistics News

Farmer Exchange Rate (NTP) August 2018 98.28 Or An Increase Of 1.69 Percent

Farmer Exchange Rate (NTP) December 2019 Of 103.10 Or An Increase Of 0.54 Percent

Farmer Exchange Rate (NTP) February 2020 Of 105.49 Or An Increase Of 0.32 Percent

Farmer Exchange Rate (NTP) September 2019 Of 102.11 Or An Increase Of 1.55 Percent

Farmer Exchange Rate (NTP) In March 2020 Of 106.01 Or An Increase Of 0.50 Percent

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