Farmers’ Terms of Trade (FTT) in May 2024 was 117.98 or rose 1.46 percent - BPS-Statistics Indonesia Ogan Komering Ulu Timur Regency

Online PST service can be access via PST Online BPS OKU Timur || Statistical News of OKU Timur can be access via Beras OKUT

Complaint Service Number of BPS OKU Timur via Chat WA 082116160917 || We are ready to serve with Professional, Integrity and Trustworthy

Complaint Service Number of BPS OKU Timur via Chat WA 082116160917 or lapor.go.id (SP4N Lapor)

Farmers’ Terms of Trade (FTT) in May 2024 was 117.98 or rose 1.46 percent

Farmers’ Terms of Trade (FTT) in May 2024 was 117.98 or rose 1.46 percentDownload Official Statistics News
Release Date : June 3, 2024
File Size : 2.62 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. Sumatera Selatan Province’s FTT was 117.98 or increased by 1.46 percent compared with FTT in April 2024.
  • The increase in FTT was due to the significant increase in FTT of plantation at 2.01 percent, livestock at 0.85 percent, fishery at 0.29 percent, and aquaculture at 1,00 percent. Meanwhile, The FTT for food crops, horticulture, and marine capture fishery decreased at 0.27 percent, 1.41 percent, and 0.16 percent.
  • The price index of household consumption fell 0.46 percent, from 124.86 in April 2024 to 124.28 in May 2024.
  • Agriculture’s Terms of Trade (NTUP) was 121.09 in May 2024 or increased by 1.06 percent compared to April 2024.
Badan Pusat Statistik

BPS-Statistics Indonesia

Badan Pusat Statistik Kabupaten Ogan Komering Ulu Timur(Statistics Indonesia East Ogan Komering Ulu Regency)Jl. Adiwiyata Km 07 (SP. Lingot) Kota Baru Selatan - Martapura  (32181)

Telp/Fax : (0735) 481606

Email : bps1609@bps.go.id

logo_footer

Copyright © 2023 BPS-Statistics Indonesia