Oireachtas Joint and Select Committees
Tuesday, 6 September 2016
Committee on Budgetary Oversight
Analysis of Economic Forecasts: Central Bank of Ireland
1:00 pm
David Cullinane (Waterford, Sinn Fein) | Oireachtas source
However, Dr. Fagan went on to say that a wide range of available indicators, from the labour market to consumer spending and investment - excluding aircraft and intangible assets - confirm that the economy is performing well. He is saying that the CSO should exclude aircraft and intangible assets. If that is the case, does he accept that the inclusion of aircraft and intangible assets had a distorting effect on the tangible growth that the he wants to see as the real figure?
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