Oireachtas Joint and Select Committees
Wednesday, 23 March 2022
Committee on Budgetary Oversight
Pre-Stability Programme Update Scrutiny (Resumed): Central Bank of Ireland
Aindrias Moynihan (Cork North West, Fianna Fail) | Oireachtas source
I thank the Central Bank for the various contributions, which contain a lot of information. The witnesses have spoken about the impact of inflation on the cost of living. I stress that the impact is not evenly distributed across the population and some communities are being hit harder than others. People in rural communities need to do a lot more driving so are hit more by inflation, and the same applies to some people who are on fixed incomes. The Central Bank has done some analysis on the various sectors and who is impacted more and by how much. I am interested to know who is impacted less and is more cushioned from the cost of inflation and the rising costs of living.
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