Farmer’s Term of Trade (FTT) September 2023 was 109.16, up 3.34 percent from the previous month. The average price of GKG quality grain at the Farmer Level is IDR 6,409 per Kg. The Daily Nominal Wage for Farm Workers in Banten Province September 2023 is IDR 68,825,-

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Release Date	:	October 2, 2023
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Abstract

Banten's FTT for September 2023 was 109.16, an increase of 3.34 percent from the previous month's FTT. This is due to the increase in the Price Index Received by Farmers (It) by 3.73 percent and the increase in the Price Index Paid by Farmers (Ib) by 0.38 percent.
In September 2023, there will be an increase in the Household Consumption Index in Banten Province by 0.47 percent. The increase in the Household Consumption Index occurred in six expenditure groups, namely Food, Beverages and Tobacco; Personal Care And Other Services; Supplies, Equipment and Routine Household Maintenance; Clothing And Footwear; Health; and Provision of Food and Drink/Restaurant. Meanwhile, the expenditure groups for Housing, Water, Electricity and Household Fuel and Transportation experienced a decline. Meanwhile, the Information, Communication and Financial Services expenditure group; Recreation, Sports and Culture; and Education has not experienced significant changes.
The Banten Agricultural Business Exchange Rate (NTUP) in September 2023 is 111.76 or an increase of 3.65 percent compared to the previous month's NTUP.
The price of grain at the farmer level in September 2023 will experience an increase in the quality of milled dry grain (GKG) by 7.16 percent and an increase in the quality of harvested dry grain (GKP) by 10.14 percent.
The average price of grain in September 2023 at the GKG quality farmer level is IDR. 6,409,-, and GKP Rp. 5,932,- per Kg. For GKG quality, the highest price is Rp. 7,400,- for the Ciherang variety and the lowest price is Rp. 5,675,- on the Inpari 26 variety.
Nominal wages for agricultural workers in September 2023 Rp. 68,825 per day, up 0.06 percent from the previous month. And in real terms there was a decrease of 0.42 percent, namely from Rp. 57,399,- to Rp. 57,159,- per day.

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