Farmer Trade Rate in Nusa Tenggara Barat Province 2023

The publication of Nusa Tenggara Barat Province Farmer Exchange Rate 2023 is a continuation of the previous year's publication by BPS West Nusa Tenggara Province. Exchange rate statistics at the producer farmer level are presented with two approaches, namely the Farmer Exchange Rate (NTP) and the Agricultural Household Business Exchange Rate (NTUP). The scope of subsectors includes food crops, horticulture, community plantation crops, animal husbandry, and fisheries.The data presented is in the form of price index figures received/paid by farmers, which are compiled based on the 2018 base year method (2018=100). The index figures are compiled from price observations conducted periodically every month during the January–December 2023 period. The price data covered is the sales price of agricultural commodity packages and the price of goods/services in the market, both for the consumption needs of farmer households and costs during the production process. The scope of the observation area covers all districts in Nusa Tenggara Barat Province.