The Exchange Rate of Indonesian Farmers' Income Through July 2020
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Indonesia's Farmer Exchange Rate (NTP) in July 2020 reached 100.09 points, a 0.49% increase from the previous month's 99.6 points. The NTP increase was due to a 0.47% rise in the index of prices received by farmers, while the index of prices paid by farmers decreased by 0.02%.
For information, NTP is the ratio of the index of prices received by farmers to the index of prices paid by farmers. NTP is one indicator used to assess the purchasing power of farmers in rural areas. Furthermore, NTP shows the exchange value of agricultural products for goods and services consumed and for production costs.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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