Oireachtas Joint and Select Committees

Wednesday, 1 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

But, was the slowdown at the end of that year what you might call a quarter aberration that you get, you get a couple of weeks or a couple of months in the year but then the Christmas retail market comes along, expenditure, then growth and inflation kick off again, and it's business as usual? So is a one-quarter observation of an economic trend sufficient to say that things have changed?

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