Mr. Dominic Doheny:

I will just follow on from where Mr. Parlon left off. As Mr. Parlon said in his opening statement, construction is very broad. We can categorise construction inflation into housing, commercial, civil engineering, etc. Housing is probably where the committee's focus is and it is probably the most labour-intensive sector in the construction industry. Inflation will obviously be higher than what the Society of Chartered Surveyors Ireland, SCSI, has said, and it has put it at an average of approximately 6%. I do not think that it is in double digits yet, but for housing it would definitely be just under the level of 10%. That does not factor in the land, however, that is purely for construction. Land brings a completely different result.