Oireachtas Joint and Select Committees
Tuesday, 6 September 2016
Committee on Budgetary Oversight
Analysis of Economic Forecasts: Central Bank of Ireland
1:00 pm
Dr. Gabriel Fagan:
As far as my understanding goes, we are working with the CSO and the other participants in the group to produce a set of indicators which are relevant to and useful for the analysis of the Irish economy.
There is, potentially, a later stage when we would establish any such indicators. We would decide that they were useful and could even be applied to other countries. The CSO and others would be able to get engaged and to consult EUROSTAT to see whether the latter wanted to take some of them on board. At this stage, however, we are just developing the indicators and we first need to establish that they are doing the job we want them to do.
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