Indonesia: June NTP rises high, BPS names these 4 commodities to be the drivers

Published 2023년 7월 3일

Tridge summary

According to the Central Statistics Agency, the farmers' exchange rate or NTP in June 2023 increased to 110.41, with a 0.19% increase compared to the previous value. The increase was primarily driven by the price index received by farmers, which increased by 0.42%. The horticulture sub-sector saw the highest increase in NTP, with a 2.22% increase, and the commodities that influenced the rise in NTP were coffee, beef cattle, cocoa or chocolate, and cayenne pepper.

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Original content

The Central Statistics Agency (BPS) reported that the farmers' exchange rate or NTP in the June 2023 period reached 110.41, an increase of 0.19%. This number has increased compared to the previous NTP value. The increase in NTP was due to the increase in the price index received by farmers alias IT, which increased by 0.42 percent or greater than the increase in the price index paid by farmers, which was only 0.23 percent. ADVERTISEMENT Deputy for Distribution and Services Statistics, Pudji Ismartini, said that there were 4 dominant commodities that influenced the rise in NTP in June, namely coffee, beef cattle, cocoa or chocolate, and cayenne pepper. Also Read: There is an Eid al-Adha moment, BPS Announces June 2023 Inflation to Increase to 0.14% "The highest increase in NTP occurred in the horticulture sub-sector where the horticultural NTP increased by 2.22 percent. This increase occurred because the price index received by farmers increased by 2.39 percent or greater than the ...

Source: Wartaekonomi