The West Sumatra Farmer Exchange Rate (NTP) in July 2023 was recorded at 107.94 and the Price of Harvested Dry Grain at the Farmer Level fell 0.48 percent - BPS-Statistics Indonesia Padang Panjang Municipality

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The West Sumatra Farmer Exchange Rate (NTP) in July 2023 was recorded at 107.94 and the Price of Harvested Dry Grain at the Farmer Level fell 0.48 percent

Release Date : August 1, 2023
File Size : 3.19 MB

Abstract

Abstraction
West Sumatra's NTP in July 2023 was 107.94, up 0.36 percent compared to the previous month's NTP.
  • The increase in NTP was due to an increase in the price index received by farmers (It) of 1.55 percent which was greater than the increase in the price index paid by farmers (Ib) which was 0.79 percent.
  • The West Sumatra Agricultural Household Business Exchange Rate (NTUP) in July 2023 was 106.98 or an increase of 1.18 percent compared to the previous month's NTUP.
  • In July 2023 the average price of GKP quality grain at the farm level decreased by 0.74 percent from IDR 6,255.94 per kg (June 2023) to IDR 6,209.60 per kg (July 2023).
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