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Farmer's Exchange Rate in December 2021 was 99.29 increase 1.08 percent from the previous month

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Release Date	:	January 3, 2022
File Size	:	4.35 MB

Abstract

Banten's NTP in December 2021 was 99.29, increase 1.08 percent from the NTP of the previous month. This was due to an increase in the Price Index Received by Farmers (It) by 1.87 percent and an increase in the Price Index Paid by Farmers (Ib) by 0.78 percent.
In December 2021, rural inflation in Banten Province will be 1.02 percent. Inflation occurred in eight expenditure groups, namely the Food, Beverage and Tobacco Group; Information, Communication and Financial Services Group; Group of Equipment, Equipment and Household Routine Maintenance; Health Group; Clothing and Footwear Group; Personal Care and Other Services Groups; Recreational, Sports and Cultural Groups; and the Transport Group. Meanwhile, other expenditure groups, namely the Housing, Water, Electricity and Household Fuel Group experienced deflation and the other two groups did not experience significant changes.
The Banten Agricultural Business Exchange Rate (NTUP) in December 2021 was 99.48, increase 1.82 percent compared to the previous month's NTUP.
The price of grain at the farm level in December 2021 has increased for all qualities. Milled Dry Unhusked (GKG) increased by 6.71 percent, Harvested Dry Unhusked (GKP) by 4.36 percent and Low Quality Unhusked by 4.05 percent.
The average price of grain in December 2021 at the farmer level with GKG quality is Rp. 4.700,-, GKP Rp. 4.265,- and Low Quality Rp. 3.850,- per Kg. For the quality of GKG, the highest price is Rp. 5.000,- for Ciherang variety and the lowest price is Rp. 4.500,- on the Ciherang variety.
The nominal wage of farm laborers in December 2021 is Rp. 66,846,- per day, up 0.01 percent from the previous month. Meanwhile, in real terms, it decreased by 1.00 percent, from Rp. 60,757,- to Rp. 60,149,- per day.

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Farmer's Term of Trade (FTT) January 2022 was 100.89, increase 1.62 percent from the previous month

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