In May 2023 in Kalimantan Utara Province, Farmer Terms of Trade (FTT) was 111.41 or decresed 1.05 percent - BPS-Statistics Indonesia Bulungan Regency

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The economy of Bulungan Regency rew by 4.60 percent year-on-year in 2023

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In May 2023 in Kalimantan Utara Province, Farmer Terms of Trade (FTT) was 111.41 or decresed 1.05 percent

Release Date : June 5, 2023
File Size : 0.87 MB

Abstract

  • Farmers Terms of Trade (NTP) is a comparison of the price index received by farmers (It) to the price index 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 exchange power (terms of trade) of agricultural products with goods and services consumed as well as for production costs.
  • The NTP of North Kalimantan Province in May 2023 was 111.41 or decreased -1.05 percent compared to the NTP in April 2023. The decrease in NTP was due to changes in the Price Index Received by Farmers (It) which was lower than the Price Index Paid by Farmers (Ib).
  • NTP per sub-sector of North Kalimantan Province in May 2023, namely the Food Crops Farmers Exchange Rate (NTPP) of 97.68; Horticultural Farmers Exchange Rate (NTPH) of 100.84; The Smallholder Plantation Plantation Farmers Exchange Rate (NTPR) was 168.35; Livestock Farmer Exchange Rate (NTPT) of 105.03; and Fishermen and Fish Farmers Exchange Rate (NTNP) of 104.68.
  • The Agricultural Household Business Exchange Rate (NTUP) for North Kalimantan Province in May 2023 was 113.16 or decreased -1.02 percent compared to the previous month's NTUP.
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