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Farmer Exchange Rate (NTP) in June 2020 of 99.69 or decreased by 1.74 percent

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Release Date	:	July 6, 2020
File Size	:	1.02 MB

Abstract

Banten FTT June 2020 was 99.69, down 1.74 percent compared to the previous month FTT. The decline in FTT is due to the Price Received by Farmers Index (IT) which has decreased, while the Price Paid Farmers Index (IB) has increased

In June 2020 there was rural inflation in Banten Province of 0.16 percent. Inflation occurred in eight expenditure groups, namely the Transportation Group, the Personal Care and Other Services group, the Food, Beverage and Tobacco group, the Food and Beverage / Restaurant Supply group, the Equipment, Equipment and Routine Maintenance Group, the Health Group, the Clothing and Footwear Group Feet and Housing, Water, Electricity and Household Fuel Groups, the remainder

The June 2020 Banten Agriculture Exchange Rate was 99.32, down 1.72 percent compared to NTUP the previous month.

Average grain prices at the farm level in June compared to May for the Dry Grain (GKG) experienced 3.29 percent reduction, Dry Paddy Grain (GKP) decreased by 0.49 percent, while low quality Grain experienced an increase of 5.27 percent.

Average grain prices in June 2020 at the Farmer level for the quality of MPD Rp. 4,352, GKP Rp. 3,985 per kg and low quality Rp. 3,743. The lowest price of Rp. 3,200 for low quality Ciherang varieties and the highest price at the farm level of Rp 5,000 for the quality of MPD Ciherang varieties

The nominal wage of farm laborers in June 2020 increased compared to May 2020, which was Rp. 65,367 per day, but in real terms *) decreased by 0.08 percent, down from Rp.61,286 per day to Rp. 61,237 per day.

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