Colm Brophy (Dublin South West, Fine Gael) | Oireachtas source

I am interested in the comparison of price rise points between countries. Professor Clinch has said we are not doing too badly in overall price inflation. However, we have marginal small increases in an embedded high-cost economy. I do not know if this falls into something the National Competitiveness Council considers. We went through a substantial bad period but have now come out of it and there is strong economic growth. When comparing costs with other countries is there any explanation as to why, particularly in the hospitality and services sectors, we never seemed to address that high-cost economy structure that seems embedded?