Development of Farmer Terms of Trade in North Sulawesi Province April 2024 - BPS-Statistics Indonesia Minahasa Regency

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Development of Farmer Terms of Trade in North Sulawesi Province April 2024

Release Date : May 6, 2024
File Size : 1.89 MB

Abstract

  • The North Sulawesi Farmer Exchange Rate (NTP) in April 2024 rose 0.63 percent to 112.59 compared to March which was 111.88. The change in NTP was due to the value of the Price Index received by Farmers (It) increasing faster than the increase in the value of the Price Index paid by Farmers (Ib). The Price Index received by Farmers (It) increased by 0.87 percent while the Price Index paid by Farmers (Ib) increased only by 0.23 percent.
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