East Java Fishermen's Exchange Rate Reaches 103.19 in August 2021

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Vika Azkiya Dihni 22/09/2021 18:00 WIB

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Indonesia's Central Bureau of Statistics (BPS) recorded a Fishermen's Exchange Rate (NTN) of 103.19 for East Java in August 2021. This figure represents a 1.3% increase compared to the previous month'

Fluctuations in Fishermen's Exchange Rate (FER) in East Java

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East Java Fishermen's Exchange Rate Reaches 103.19 in August 2021

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Fluctuations in Fishermen's Exchange Rate (FER) in East Java

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The Central Statistics Agency (BPS) recorded a Fishermen's Terms of Trade (FTT) in East Java of 103.19 in August 2021. This figure is up 1.3% compared to the previous month, which stood at 101.85 (month-to-month/m-to-m).

Compared to August 2020, the East Java FTT increased by 7.77% last month (year-on-year/yoy). Meanwhile, the East Java FTT in August 2021 rose by 6.71% compared to December 2020 (year-to-date/ytd).

The increase in the East Java FTT is due to an increase in the price index received by fishermen being higher than the price index paid by fishermen. The price index received by East Java fishermen was recorded at 111.60 in August 2021, up 1.32% compared to the previous month, which was 110.13.

Meanwhile, the price index paid by fishermen was 108.15 last month. This figure increased slightly by 0.03% compared to July 2021, which was 108.12.

Besides East Java, four provinces in Java experienced an increase in FTT in August 2021. West Java, for example, had an FTT of 109.49 in August 2021, up 0.96% compared to the previous month.

The FTT in Central Java was 108.18 in August 2021, up 0.34% compared to the previous month. The FTT in Yogyakarta reached 116.23 last month, increasing by 0.24% compared to July 2021.

Meanwhile, the FTT in Banten decreased by 0.31% (m-to-m) to 100.40 in August 2021. The FTT in Jakarta also decreased by 0.97% (m-to-m) to 98.22.

Editor : Dimas Jarot Bayu

"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."