[Indonesia] Farmers’ Terms of Trade January 2024 was 118.27 or rose 0.43 percent. - BPS-Statistics Indonesia Nunukan Regency

The Nunukan Regency BPS Integrated Statistics Service (PST) serves from 08.00 to 15.30 WITA every working day. Online services are still open via: e-mail: bps6504@bps.go.id or Whatsapp Number: 0857-4954-9481. Thank You || At the moment, Nunukan Regency in Figures 2024 is available and can be accessed here

Based on the results of the 2023 Agricultural Census in Nunukan Regency, the number of agricultural business households in Nunukan Regency is 21,601 households.

The Nunukan Regency Human Development Index (HDI) in 2023 reached 68.43, an increase of 0.55 points (0.81 percent) compared to the previous year (67.88). For more complete information, you can download it here || In September 2024, year on year (y-on-y) inflation in Nunukan Regency will be 2.24 percent with a Consumer Price Index (CPI) of 107.1

[Indonesia] Farmers’ Terms of Trade January 2024 was 118.27 or rose 0.43 percent.

Release Date : February 1, 2024
File Size : 3.2 MB

Abstract

  • FTT is the ratio of the index of prices received by farmers (It) and the index of prices paid by farmers (Ib).
  • FTT is an indicator to measure the farmers’ purchasing power parity in rural areas. FTT shows the terms of trade of agricultural products with goods and services consumption and production costs.
  • In January 2024, national FTT was 118.27 or increased by 0.43 percent compared with that in December 2023. The increase in FTT was due to the increase in the index of prices received by farmers (It) at 0.69 percent, which was higher than the increase in the index of prices paid by farmers (Ib) at 0.26 percent.
  • In January 2024, Sulawesi Utara Province experienced the highest increase in FTT at 2.69 percent. On the other hand, Kalimantan Utara Province had the highest decrease in FTT at 1.05 percent.
  • The price index of household consumption (IKRT) in January 2024 increased by 0.20 percent in Indonesia, which was due to the increase in all indexes of expenditure groups.
  • Nationally, Agriculture’s Terms of Trade (NTUP) was 120.03 in January 2024 or increased by 0.28 percent compared with December 2023.
Badan Pusat Statistik

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