The Jawa Timur Fishermen Exchange Rate (NTN) in August 2020 increased by 0.22 percent

Abstraction

• The Exchange Rate of Jawa Timur Fishermen (NTN) in August 2020 rose 0.22 percent from 95.04 in July 2020 to 95.25 in August 2020. This increase was due to the increase in the price index received by fishermen by 0.34 percent, more greater than the increase in the price index paid by fishermen, namely 0.12 percent.
• The development of NTN in August 2020 against December 2019 (calendar year) decreased by 2.81 percent. The development of NTN in August 2020 against August 2019 (year-on-year) decreased by 4.34 percent.
• Of the six provinces in Java that calculated NTN in August 2020, five provinces experienced an increase in NTN and one province experienced a decrease in NTN. The increase in NTN occurred in Jawa Barat Province by 1.83 percent, Jawa Tengah Province up 1.60 percent, DI Yogyakarta Province up 1.08 percent, Banten Province up 0.42 percent, and Jawa Timur Province up 0.22 percent. The province that experienced a decline in NTN was Banten Province with a decline rate of 1.65 percent.