The February 2023 Farmers' Term of Trade (FTT) was 104.20, up 1.09 percent from the previous month. The average price of GKG quality grain at the Farmer Level is IDR 5,563 per Kg. Banten Province Farmer Daily Nominal Wages for February 2023 is IDR 68,340.

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Release Date	:	March 1, 2023
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Abstract

Banten's FTT in February 2023 was 104.20, an increase of 1.09 percent from the previous month's FTT. This was due to an increase in the price index received by farmers (It) by 1.23 percent and an increase in the price index paid by farmers (Ib) by 0.14 percent.
In February 2023, there was an increase in the Household Consumption Index in Banten Province by 0.19 percent. Increases in the Household Consumption Index occurred in eight Expenditure groups, namely Health; Transportation; Clothing and Footwear; Food, Drinks And Tobacco; Provision of Food and Beverages/Restaurants; Personal Care And Other Services; Equipment, Equipment And Household Routine Maintenance; and Information, Communication, and Financial Services. Meanwhile the Housing, Water, Electricity and Household Fuel group experienced a decline. While the Recreation, Sports and Culture Expenditure group; Education did not experience significant changes.
The Banten Agricultural Business Exchange Rate (NTUP) in February 2023 was 105.87 or an increase of 1.19 percent compared to the previous month's NTUP.
Grain prices at the farm level in February 2023 experienced an increase in the quality of dry milled unhusked rice (GKG) by 3.66 percent, while harvested dry unhulled (GKP) decreased by 1.77 percent.
The average grain price for February 2023 at the GKG quality farmer level is Rp. 5,563, -, and GKP Rp. 4,840,- per Kg. For GKG quality, the highest price is Rp. 6,200,- for the Inpari 32 HDB variety and the lowest price is Rp. 4,500, - for the Ciherang variety.
The nominal wage for farm workers in February 2023 is Rp. 68,340 per day, up 0.03 percent from the previous month. And in real terms it decreased by 0.16 percent, namely from Rp. 57,883, - to Rp. 57,788, - per day.

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The December 2022 Farmers Term Of Trade (FTT) Was 101.37, Up 1.36 Percent From The Previous Month. The Average Price Of GKG Quality Grain At The Farmer Level Is IDR 5,423 Per Kg. Banten Provincial Farm Workers Daily Nominal Wages December 2022 Of IDR 68,254

The June 2023 Farmers Term Of Trade (FTT) Was 103.55, Up 0.85 Percent From The Previous Month. The Average Price Of GKG Quality Grain At The Farmer Level Is IDR 5,660 Per Kg. Banten Provincial Farm Workers Daily Nominal Wages June 2023 Of IDR 68,730

The May 2023 Farmers Term Of Trade (FTT) Was 102.68, Up 0.05 Percent From The Previous Month. The Average Price Of GKG Quality Grain At The Farmer Level Is IDR 5,463 Per Kg. Banten Provincial Farm Workers Daily Nominal Wages April 2023 Of IDR 68,709

The April 2023 Farmers Term Of Trade (FTT) Was 102.63, Up 0.16 Percent From The Previous Month. The Average Price Of GKG Quality Grain At The Farmer Level Is IDR 5,280 Per Kg. Banten Provincial Farm Workers Daily Nominal Wages April 2023 Of IDR 68,581

The Farmers Term Of Trade (FTT) For July 2023 Was 104.06, Up 0.49 Percent From The Previous Month. The Average Price Of GKG Quality Grain At The Farmer Level Is IDR 5,263 Per Kg. Banten Provincial Farm Workers Daily Nominal Wages July 2023 Of IDR 68,740

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