The Farmer Exchange Rate (NTP) for Jambi Province in November 2023 was 138.7 (up 1.03 percent), while the Agricultural Household Business Exchange Rate (NTUP) was 139.75 (up 2.12 percent) - BPS-Statistics Indonesia Jambi Province

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The Farmer Exchange Rate (NTP) for Jambi Province in November 2023 was 138.7 (up 1.03 percent), while the Agricultural Household Business Exchange Rate (NTUP) was 139.75 (up 2.12 percent)

Release Date : December 1, 2023
File Size : 3.31 MB

Abstract

  • Farmers’ Terms of Trade (FTT) is the ratio of the index of prices received by farmers (It) and the index of prices paid by farmers (Ib).
  • FTT is an indicator to measure the farmers’ purchasing power parity in rural areas. FTT shows the terms of trade of agricultural products with goods and services consumption and production costs.
  • In November 2023, Jambi Province FTT was 138.72 or increased by 1.03 percent compared with that in October 2023. The increase in FTT was due to the increase in the index of prices received by farmers (It) at 2.22 percent, while the index of prices paid by farmers (Ib) increased at 1.19 percent.
  • The price index of household consumption (IKRT) in November 2023 increased by 1.46 percent, which was due to the increase in the indexes of Food, Beverage and Tobacco group.
  • Jambi Province, Agriculture’s Terms of Trade (NTUP) was 139.75 in November 2023 or increased by 2.12 percent compared with October 2023.
Badan Pusat Statistik

BPS-Statistics Indonesia

Badan Pusat Statistik Provinsi Jambi

(Statistics of Jambi Province)

 Jl.A. Yani No.4 Telanaipura Jambi

 Indonesia

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