Oireachtas Joint and Select Committees

Tuesday, 18 September 2018

Committee on Budgetary Oversight

Priorities for Budget 2019: Discussion (Resumed)

4:00 pm

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

My colleagues will no doubt ask about Brexit so I will move on to the Construction Industry Federation, CIF.

I will ask Mr. Parlon about construction inflation, an issue I hear a lot about from people in his sector at the moment. Does he have an estimate of what type of inflation we are looking at now for materials and labour across the construction sector, both commercial and residential, but with a particular focus on residential? We do not want prices to keep going the way they are going. They are going further and further beyond the reach of people, particularly first-time buyers. Can Mr. Parlon give us a sense of what is going on out there in real-life construction projects and the pressures that are there, with costs rising?

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