Banten's FTT in October 2023 was 111.88, an increase of 2.50 percent from the previous month's FTT. This is due to the increase in the Price Index Received by Farmers (It) by 2.60 percent and the increase in the Price Index Paid by Farmers (Ib) by 0.10 percent.
In October 2023, there will be an increase in the Household Consumption Index in Banten Province by 0.13 percent. The increase in the Household Consumption Index occurred in nine expenditure groups, namely Transportation; Housing, Water, Electricity and Household Fuel; Recreation, Sports and Culture; Health; Supplies, Equipment and Routine Household Maintenance; Food, Drinks and Tobacco; Provision of Food and Beverage/Restaurant; Clothing And Footwear; Education. Meanwhile, the Information, Communication and Financial Services expenditure group; and Personal Care and Other Services did not experience significant changes.The Banten Agricultural Business Exchange Rate (NTUP) in October 2023 was 114.61 or an increase of 2.55 percent compared to the previous month's NTUP.The price of grain at the farmer level in October 2023 will experience an increase in the quality of milled dry grain (GKG) by 10.60 percent and an increase in the quality of harvested dry grain (GKP) by 1.63 percent.The average price of grain in October 2023 at the GKG quality farmer level is IDR. 7,088,-, and GKP Rp. 6,029,- per Kg. For GKG quality, the highest price is Rp. 7,600,- on the Ciherang & Inpari 32 HDB variety, and the lowest price is IDR. 6,600,- for the Ciherang variety.Nominal wages for agricultural workers in October 2023 Rp. 68,863,- per day, up 0.05 percent from the previous month. And in real terms there was a decrease of 0.07 percent, namely from Rp. 57,159,- to Rp. 57,119,- per day.