Farmer Exchange Rate (FER) of Sumatera Barat Province in October 2024 was recorded at 125.57 and the Price of Harvested Dry Grain at the Farmer Level Decreases by 2.08 percent - BPS-Statistics Indonesia Padang Panjang Municipality

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Farmer Exchange Rate (FER) of Sumatera Barat Province in October 2024 was recorded at 125.57 and the Price of Harvested Dry Grain at the Farmer Level Decreases by 2.08 percent

Farmer Exchange Rate (FER) of Sumatera Barat Province in October 2024 was recorded at 125.57 and the Price of Harvested Dry Grain at the Farmer Level Decreases by 2.08 percentDownload Official Statistics News
Release Date : November 1, 2024
File Size : 4.4 MB

Abstract

  • Sumatera Barat's NTP in October 2024 was 125.57 or an increase of 0.08 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) which rose by 0.14 percent, greater than the increase in the Price Index Paid by Farmers (Ib) of 0.06 percent.
  • In October 2024, the average price of GKP quality grain at the farmer level decreased by 2.04 percent from IDR 7,688.45 per kg (September 2024) to IDR 7,531.59 per kg (October 2024).
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