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Development of Farmer Exchange Rates for North Sulawesi Province April 2024

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Release Date	:	June 20, 2024
File Size	:	1.89 MB

Abstract

The North Sulawesi Farmers' Exchange Rate (NTP) in April 2024 rose 0.63 percent to 112.59 compared to March which was 111.88. The change in NTP is due to the price index value received by farmers (It) increasing faster than the increase in the value of the price index paid by farmers (Ib). The Price Index received by Farmers (It) rose by 0.87 percent while the Price Index paid by Farmers (Ib) rose by only 0.23 percent.

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