East Java Farmer Exchange Rates (NTP) in January 2020 rose by 0.65 percent. - BPS-Statistics Indonesia Gresik Regency

The percentage of poor residents in Gresik Regency in March 2024 will decrease to 10.32 percent

BPS Gresik Regency is committed to serving you professionally, with integrity and trust and rejects gratification in any form.

October 2024 inflation Year on Year (y-on-y) Gresik Regency will be 2.23 percent.

East Java Farmer Exchange Rates (NTP) in January 2020 rose by 0.65 percent.

Release Date : February 3, 2020
File Size : 0.61 MB

Abstract

Abstraction
  • Starting in January 2020 there will be a change in the base year in calculating the Farmer Received Price Index (IT) and the Farmer Paid Price Index (IB) from base year 2012 = 100 to base year 2018 = 100. Both types of indexes are important components in calculating Farmer Exchange Rates (NTP). This basic year change was made to adjust changes in production patterns, production costs, and consumption of agricultural households in rural areas. In base year 2018 = 100 there was an increase in the number of commodities in both the It and Ib commodity packages compared to base year 2012 = 100.
  • NTP is a comparison of It to Ib which is used to show the terms of trade of agricultural products with goods and services consumed as well as for production costs. The higher the FTT, the relatively stronger the level of farmers' ability / purchasing power.
  • East Java Farmer Exchange Rates (NTP) in January 2020 rose 0.65 percent from 103.32 to 103.98. The increase in FTT is due to the price index received by farmers (IT) which has increased higher than the increase in price index paid by farmers (Ib).
  • The development of NTP in January 2020 compared to January 2019 (year-on-year) rose by 2.26 percent.
Badan Pusat Statistik

BPS-Statistics Indonesia

Badan Pusat Statistik Kabupaten Gresik (Statistics Gresik)Jl. Dr. Wahidin Sudirohusodo No. 364

Gresik

Jawa Timur

Telp (62-31) 3954787

 Faks (62-31) 3954787

Mailbox : bps3525@bps.go.id

logo_footer

Manual

ToU

Links

Copyright © 2023 BPS-Statistics Indonesia