The Farmer's Exchange Rate (NTP) of the Bangka Belitung Islands Province in October 2022 was 120.12 or up 0.91 percent - BPS-Statistics Indonesia Pangkal Pinang Municipality

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The Farmer's Exchange Rate (NTP) of the Bangka Belitung Islands Province in October 2022 was 120.12 or up 0.91 percent

Release Date : November 1, 2022
File Size : 2.28 MB

Abstract

  • Farmer's Exchange Rate (NTP) is the ratio of the price index received by farmers (It) to the index of price paid by farmers (Ib).
  • NTP is one indicator to see the level of ability/purchasing power of farmers in rural areas. NTP also shows the terms of trade (terms of trade) of agricultural products with goods and services consumed as well as for production costs.
  • The NTP of the Province of the Bangka Belitung Islands in October 2022 was 120.12, an increase of 0.91 percent compared to the NTP of the previous month. The increase in NTP was due to the Price Index Received by Farmers (It) which rose by 0.54 percent while the Price Index Paid by Farmers (Ib) decreased by 0.37 percent.
  • Food Crops Subsector NTP (NTP-P) of 91.71; Horticulture sub-sector (NTP-H) of 117.76; People's Plantation Plant Subsector (NTP-R) of 123.05; Livestock sub-sector (NTP-T) of 105.63; Fishery Subsector (NTP-P) is 109.64 with Capture Fisheries Group (NTN) is 110.32 and Cultivated Fisheries Group (NTPi) is 89.90.
  • In October 2022 there was a decrease in the Household Consumption Index (IKRT) by 0.59 percent due to a decrease in the index in the food, beverage and tobacco groups. Meanwhile, there were 8 (eight) expenditure groups that experienced an increase in index and 1 other expenditure group did not experience a change in index.
  • The Agricultural Business Exchange Rate (NTUP) of the Bangka Belitung Islands Province in October 2022 was 113.60, an increase of 0.29 percent compared to the previous month's NTUP.
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