Farmer Exchange Rate (NTP) in January 2021 of 101.16, up 0.42 percent from the previous month

NTP Banten January 2021 amounted to 101.16, an increase of 0.42 percent from the previous month's NTP. This is because the increase in the Price Index Paid by Farmers (It) of 1.10 percent is greater than the increase in the Price Index Paid by Farmers (Ib) of 0.68 percent.

In January 2021, there was rural inflation in Banten Province of 0.67 percent. Inflation occurred in eight expenditure groups, namely the Food, Beverage and Tobacco Group, the Health Group, the Clothing and Footwear Group, the Transportation Group, the Food and Beverage / Restaurant Supply Group, the Housing, Water, Electricity and Household Fuel Group, the Equipment Group, Equipment Group. And Household Routine and Recreation, Sports and Cultural Groups, while the Personal Care and Other Services Group experienced deflation as well as the Information, Communication and Financial Services Group and the permanent education group. The Agricultural Business Exchange Rate (NTUP) in Banten in January 2021 was 100.63, an increase of 0.37 percent compared to NTUP in the previous month.

The average price of unhulled rice at the farmer level in January 2021 increased for dry milled unhulled rice (GKG) by 3.38 percent and for dry-harvested unhulled rice (GKP) by 3.56 percent.

The average price of unhulled rice in January 2021 at the farmer level for quality GKG is Rp. 4,778, - and GKP of Rp. 4.355, - per kg. For the quality of GKP in the Ciherang variety the lowest price is Rp. 4,000 and for the quality of GKG the highest price for the Ciherang variety is Rp. 5,200, -.

The nominal wage for agricultural laborers in January 2021 is Rp. 66,148 per day, up 0.29 percent from the previous month, but in real terms it decreased by 0.37 percent, from Rp. 60,987, - to Rp. 60,760, - per day.