Mr. John McCarthy:

Yes. One issue we should have perhaps alluded to is that overall consumption is composed of the consumption of goods and services, whereas retail sales, for the most part, only refers to the consumption of goods - that is, the purchase of widgets, cars and so forth - and does not include expenditure in restaurants, cinemas and so forth. The consumption of services has been weaker than the consumption of goods. The Deputy will note that retail sales have increased by between 6% and 7%. One does not see such an increase coming through in the overall consumption figure produced by the Central Statistics Office in the quarterly accounts because the consumption of services is essentially flat and accounts for roughly half of the overall consumption figure.