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Development of Farmers' Exchange Rates and Prices of Central Java Rice Producers in January 2023

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Release Date	:	July 25, 2024
File Size	:	1.92 MB

Abstract

The Central Java Farmer Exchange Rate in January 2023 was 108.72, an increase of 1.35 percent compared to the previous month's NTP of 107.27. The increase in NTP was due to an increase in the Price Index Received by Farmers (It) by 1.80 percent, faster than an increase in the Price Index Paid by Farmers (Ib) by 0.44 percent.

The Central Java Agricultural Business Exchange Rate (NTUP) in January 2023 was recorded at 109.55, an increase of 1.52 percent compared to the previous month's NTUP of 107.91.

The price of Ground Dry Rice (GKG) at the farmer level increased by 3.99 percent and Harvested Dry Rice (GKP) increased by 6.96 percent; The price of GKG at the milling level increased by 3.85 percent and GKP increased by 7.01 percent

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