NTB, April 2020: Farmers Exchange Rate fell by 1.53 Percent - BPS-Statistics Indonesia Nusa Tenggara Barat Province

Pembangunan Wilayah Zona Integritas (ZI) menuju Wilayah Bebas dari Korupsi (WBK) dan Wilayah Birokrasi Bersih Melayani (WBBM) BPS Provinsi Nusa Tenggara Barat

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NTB, April 2020: Farmers Exchange Rate fell by 1.53 Percent

Release Date : May 4, 2020
File Size : 0.45 MB

Abstract

              FTT can be interpreted as an indicator to observe the purchasing power parity of farmers in the rural area. FTT also shows the terms of trade between agricultural products and consumption of goods and services as well as production cost.

       FTT in April 2020 was 105,88, decreased by 1,53 percent compared to the previous month. The decrease occurred because the indices of price received by farmers (-1,34 percent) fell further than the increase of the indices of price paid by the farmers (0,19 percent).

       The value of farmer terms of trade by sub sector as follows: food crops about 106,25, horticulture about 111,35; smallholders estate crops about 97,49; animal husbandry about 105,95; and fishery about 100,53.

       In April 2020, there was inflation in the rural area of Nusa Tenggara Barat about 0,12 percent. This was due to increasing value of Household Consumption Indices (IKRT) of all expenditure groups except for housing, water, electricity and household fuel.


Agricultural terms of trade in April 2020 was 106,06 percent, decreased by -1,65 percent compared to the last month that was 107,84 percent. Majority of agricultural terms of trade reached the value above 100 except for smallholder’s estate crops which only amounted of 96,80 percent. The agricultural terms of trade of other sub sectors were as follows: food crops (106,95); horticulture 110,30); animal husbandry (105,11); and fishery (102,47).
Badan Pusat Statistik

BPS-Statistics Indonesia

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