Indonesia's Ministry of Agriculture is committed to continuing to work hard to increase agricultural production

Published Feb 1, 2021

Tridge summary

The Central Statistics Agency (BPS) of Indonesia reported a slight increase in the Farmers Exchange Rate (NTP) to 103.26 in January 2021, a 0.01% increase from the previous month. This rise is attributed to a higher price index received by farmers (0.45%) compared to the price index paid by farmers (0.44%). The horticultural crop subsector played a significant role in this increase, with a 1.34% rise in the index received by farmers against a backdrop of only a 0.33% increase in the index paid. The price of various crops such as cayenne pepper, red chilies, tomatoes, cabbage, carrots, potatoes, oranges, and green chilies contributed to this surge.

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Original content

REPUBLIKA.CO.ID, JAKARTA - The Central Statistics Agency (BPS) noted that the Farmers Exchange Rate (NTP) in January 2021 reached 103.26, an increase of 0.01 percent compared to the NTP in the previous month. This increase occurred because the price index received by farmers (It) increased by 0.45 percent or higher than the increase in the price index paid by farmers (Ib) which was only 0.44 percent. "The index received by farmers increased 0.45 percent while paid increased 0.44, "said Head of BPS Suhariyanto in his press release, Monday (1/2), as in his press release. Previously, in December 2020 the value of NTP had also increased to reach 103.25, with the horticultural crop subsector of 1 , 01 percent. The increase occurred because the index received by farmers in the sector reached 1.34 ...

Source: Republika