Oireachtas Joint and Select Committees

Wednesday, 24 April 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Fiscal Assessment Report 2013: Discussion with Irish Fiscal Advisory Council

3:50 pm

Professor Alan Barrett:

The CSO published the 0.9% figure in April. It is always a bizarre situation in which one forecasts something which happened previously. The correct figure is 0.9% because it is not a forecast but the actual outturn based on CSO data. Having said that, it can be revised. It is as good as it gets for now.

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