Farmers' Term of Trade (FTT) in February 2022 was 100.74, decrease 0.15 percent from the previous month. The average price of GKG quality grain at the Farmer Level is Rp.4,906,- per Kg. The daily nominal wage for agricultural workers in Banten Province in February 2022 is Rp. 66,883,- - BPS-Statistics Indonesia Banten Province

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Farmers' Term of Trade (FTT) in February 2022 was 100.74, decrease 0.15 percent from the previous month. The average price of GKG quality grain at the Farmer Level is Rp.4,906,- per Kg. The daily nominal wage for agricultural workers in Banten Province in February 2022 is Rp. 66,883,-

Release Date : March 1, 2022
File Size : 4.65 MB

Abstract

  • Banten's FTT in February 2022 was 100.74, decrease 0.15 percent from the NTP of the previous month. This is due to the decrease in the Price Index Received by Farmers (It) by 0.27 percent and the decrease in the Price Index Paid by Farmers (Ib) by 0.13 percent.
  • In February 2022, there was a decrease in the Household Consumption Index in Banten Province by 0.23 percent. The decline in the Household Consumption Index occurred in three expenditure groups, namely the Food, Beverage and Tobacco Group; Housing, Water, Electricity and Household Fuel; Clothing and Footwear. Meanwhile, other expenditure groups, namely Equipment, Equipment and Routine Household Maintenance; Health; Transportation; Recreation, Sports and Culture; Provision of Food and Beverages/Restaurants; Personal Care and Other Services experienced an increase in the Household Consumption Index and the other two groups did not experience significant changes.
  • The Banten Agricultural Business Term of Trade in February 2022 was 100.89, down 0.45 percent compared with January 2022.
  • The price of grain at the farm level in February 2022 experienced an increase in the quality of milled dry grain by 2.4 percent. Meanwhile, 2 other qualities experienced a decline, namely Dry Harvested Grain (GKP) by 3.23 percent and Low Quality Grain by 5.41 percent.
  • The average price of grain in February 2022 at the farmer level with GKG quality is Rp. 4,906,- , GKP Rp. 4.125,- and Low Quality Rp. 3.500, - per Kg. For the quality of GKG, the highest price is Rp. 5.000,- on IR.64 variety and the lowest price is Rp. 4.500,- on the Ciherang variety.
  • The nominal wage of farm laborers in February 2022 is Rp. 66,883,- per day, up 0.03 percent from the previous month. Meanwhile, in real terms, there was an increase of 0.26 percent, from Rp. 59,662, - to Rp. 59,815,- per day.

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