Jawa Barat's April 2024 Farmer Exchange Rate drops 5.20 percent

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Farmer Exchange Rate (NTP) is the ratio of the price index received by farmers (IT) to the price index paid by farmers (IB).
NTP shows the exchange rate (terms of trade) of agricultural products with goods and services consumed and production costs.
West Java's NTP in April 2024 decreased by 5.20 percent compared to March 2024, from 116.45 to 110.40.
The price of medium rice at the mill decreased by 8.20 percent and the price of premium rice decreased by 10.16 percent.