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(National) The National Farmers' Daily Nominal Wage in August 2020 Increases by 0.12 Percent

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Release Date	:	September 15, 2020
File Size	:	0.33 MB

Abstract

Abstraction

• Nominal wage for labor / worker is the average daily wage received by labor as compensation for work performed.

• The real wage of the worker / worker represents the purchasing power of the income / wage received by the worker / worker.

• The real wages of agricultural laborers are the ratio between the nominal wages of agricultural laborers and the rural household consumption index, while the real wages of construction workers are the ratio of nominal construction workers' wages to the urban consumer price index.

• The daily nominal wage of national farm workers in August 2020 increased by 0.12 percent compared to july 2020 peasants' wages, from Rp 55,613.00 to Rp 55,677.00 per day. Meanwhile, the real wages of farm workers increased by 0.40 percent.

• The daily nominal wage of construction workers (non-foremen) in August 2020 increased by 0.08 percent compared to july 2020's wages, from Rp 89,800.00 to Rp 89,872.00 per day. Real wages increased by 0.13 percent.

Source: BPS-Statistics of Indonesia

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(National) The National Farmers' Daily Nominal Wage in August 2020 Increases by 0.12 Percent

Abstraction