West Java Farmer Exchange Rate in August 2024 rises to 111.99

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 August 2024 increased by 0.96 percent compared to July 2024, from 110.92 to 111.99.
The price index of agricultural products (IT) increased by 0.90 percent and the price index of goods and services consumed by farmers (IB) decreased by 0.06 percent.
The Exchange Rate of Agricultural Household Enterprises (NTUP) in West Java in August 2024 increased by 0.84 percent, while the Cost of Production and Capital Goods Index (BPPBM) increased by 0.05 percent.
The Price of Harvested Dry Grain at the Farmer Level rose by 3.95 percent and the Price of Medium Rice at the Mill rose by 3.95 percent.
Medium Rice Prices at the Mill rose by 3.66 percent.