The exchange rate for farmers in Sumatera Utara Province in January 2025 was 144,96 - BPS-Statistics Indonesia Nias Regency

The exchange rate for farmers in Sumatera Utara Province in January 2025 was 144,96

The exchange rate for farmers in Sumatera Utara Province in January 2025 was 144,96Download Official Statistics News
Release Date : March 4, 2025
File Size : 1.96 MB

Abstract

  • Farmer Exchange Rate (NTP) is the ratio of the price index received by farmers (It) to the price index paid by farmers (Ib).
  • NTP is one of the indicators to see the level of purchasing power of farmers in rural areas. NTP also shows the exchange rate (terms of trade) of agricultural products with goods and services consumed or for production costs.
  • In February 2025, the NTP of Sumatera Utara Province (2018=100) was recorded at 144.96 or decreased by 0.02 percent compared to the January 2025 NTP, which amounted to 144.99.
  • The decline in NTP in February 2025 was caused by a decrease in the NTP of three subsectors, namely the NTP of the Horticultural Crops subsector by 0.80 percent, the NTP of the People's Plantation Crops subsector by 0.27 percent, and the NTP of the Livestock subsector by 0.72 percent. Meanwhile, the NTP of the other two subsectors increased, namely the NTP of the Food Crops subsector by 1.16 percent and the NTP of the Fisheries subsector by 0.72 percent.
  • The Agricultural Household Business Exchange Rate (NTUP) of Sumatera Utara Province in February 2025 amounted to 144.78 or decreased by 0.17 percent compared to NTUP in the previous month.
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