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Farmers’ Terms of Trade (FTT) September 2024 was 120.30 or increased 0.38 percent

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Release Date	:	October 1, 2024
File Size	:	3.05 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 September 2024, national FTT was 120.30 or increased by 0.38 percent compared with that in August 2024. The increase in FTT was due to the increase in the index of prices received by farmers (It) at 0.20 percent, while the decrease in the index of prices paid by farmers (Ib) at 0.18 percent.
In September 2024, Bengkulu Province had the highest increase in FTT at 2.68 percent. On the other hand, Papua Barat Province experienced the highest decrease in FTT at 2.02 percent.
The price index of household consumption (IKRT) in September 2024 decreased by 0.28 percent in Indonesia, which was due to the decrease in food, beverage, and tobacco groups.
Nationally, Agriculture’s Terms of Trade (NTUP) was 122.35 in September 2024 or increased by 0.12 percent compared with August 2024.

Related Official Statistics News

Farmers’ Terms of Trade (FTT) October 2024 was 120.70 or increased 0.33 percent

Farmers’ Terms of Trade (FTT) April 2024 was 116.79 or fell 2.18 percent

Farmers' Terms of Trade (FTT) July 2024 was 119.61 or increased 0.70 percent and the price of premium quality rice at the huller level decreased by 2.63 percent.

Farmers’ Terms of Trade (FTT) June 2024 was 118.77 or increased 1.77 percent and the price of premium quality rice at the huller level decreased by 0.75 percent.

Farmers’ Terms of Trade (FTT) November 2024 was 121.29 or increased 0.49 percent. Dried harvested grain (GKP) price at the farmer level decreased by 1.86percent and the price of premium quality rice.

BPS-Statistics Indonesia

Badan Pusat Statistik Kabupaten Bengkulu Selatan (BPS-Statistics Bengkulu Selatan Regency)Jalan Affan Bachsin No.108A RT.07 Pasar Baru Kota Manna 38512 Telp./Fax.: 0739-21048 E-Mail: bps1701@.bps.go.id

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