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Development of North Sulawesi Peasant Exchange Rates March 2023

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Release Date	:	April 3, 2023
File Size	:	2.06 MB

Abstract

The North Sulawesi Farmer's Exchange Rate (NTP) in March 2023 rose 0.46 percent to 106.12 compared to February 2023 which was still 105.63. The change in NTP came from the Price Index received by Farmers (It) which increased by 1.33 percent while the Price Index paid by Farmers (Ib) only rose 0.87 percent

The Agricultural Household Business Exchange Rate (NTUP) also increased by 1.26 percent, from a value of 104.37 in February 2023 to 105.69 in March 2023.

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