Development of Farmer Exchange Rates and Grain Prices in Banten Province July 2024 - BPS-Statistics Indonesia Pandeglang Regency

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Development of Farmer Exchange Rates and Grain Prices in Banten Province July 2024

Release Date : August 1, 2024
File Size : 2.34 MB

Abstract

· Banten's NTP in July 2024 was 106.82, an increase of 3.08 percent from the previous month's NTP. This is due to the increase in the Price Index Received by Farmers (It) by 2.66 percent, while the Price Index Paid by Farmers (Ib) has decreased by 0.41 percent.

· In July 2024 there will be a decrease in the Household Consumption Index in Banten Province by 0.52 percent. The decline in the Household Consumption Index occurred in one expenditure group, namely Food, Beverages and Tobacco. Meanwhile, the increase in the Household Consumption Index occurred in eight expenditure groups, namely Equipment, Equipment and Routine Household Maintenance; Personal Care and Other Services; Provision of Food and Beverage/Restaurant; Clothing and Footwear; Recreation, Sports and Culture; Health; Housing, Water, Electricity and Household Fuel; and Transportation. Meanwhile, the Education and Information, Communication and Financial Services expenditure groups did not experience significant changes.

· The Agricultural Business Exchange Rate (NTUP) in July 2024 is 111.90 or an increase of 2.65 percent compared to the previous month's NTUP.

· The price of grain at the farmer level in July 2024 will experience an increase in the quality of milled dry grain (GKG) by 5.49 percent and an increase in the quality of harvested dry grain (GKP) by 14.84 percent.

· The average price of grain in July 2024 at the farmer level for GKG quality is IDR 6,589, and GKP IDR 6,133 per kg. For GKG quality, the highest price is IDR 6,800 for the Ciherang and Inpari 32 HDB varieties, and the lowest price is IDR 6,400 for the Ciherang variety.
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