The Farmer Exchange Rate (NTP) in October 2020 was 100.82 or decreased by 1.13 percent

October 2020 NTP for Banten was 100.82 or decreased by 1.13 percent compared to the NTP in the previous month. The decrease in NTP is due to the Price Index Accepted by Farmers (It) even though the Price Index Paid by Farmers (Ib) has increased

In October 2020, rural inflation in Banten Province was 0.13 percent. Inflation occurred in nine expenditure groups, namely the Recreation, Sports and Culture group, the Food, Beverage and Tobacco Group, the Health Group, the Housing, Water, Electricity and Household Fuel Group, the Personal Care and Other Services Group, the Equipment, Equipment and Maintenance Group. Household Routine, Transportation Group, Food and Beverage Supply / Restaurant Group and Information, Communication, and Financial Services Group, while the Clothing and Footwear Group experienced deflation.

Banten Agricultural Business Exchange Rate (NTUP) in October 2020 amounted to 100.26 or decreased 1.22 percent compared to NTUP the previous month.

The average price of unhulled rice at the farmer level in October decreased for all qualities, for dry milled unhulled rice (GKG) it fell 0.63 percent, Harvested Dried Grain (GKP) decreased by 1.76 percent, and low quality unhulled rice decreased by 2, 57 percent.

The average price of grain in October 2020 at the Farmers level for the quality of GKG is Rp. 4,686, GKP Rp. 4,288, - per kg and low quality Rp. 3,700, -. The lowest price is Rp. 3,700 for low quality Ciherang and Mekongga varieties, the highest price at the farmer level is Rp. 5,200 for the quality of Ciherang variety of GKG.

The nominal wage for agricultural laborers in October 2020 has increased by 0.02 percent to Rp. 65,687, - per day, although in real terms *) decreased from Rp. 61,421, - to Rp. 61,350, - per day.