Oireachtas Joint and Select Committees
Wednesday, 30 March 2022
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Engagement with the Central Bank of Ireland
Mr. Gabriel Makhlouf:
That was their view. My own view is that, at the moment, as I said, in Ireland, we are at 5.7%. In the euro area, we are at 5.8%. There are some countries in the euro area where inflation is already in double digits. I definitely can see prices higher than where they are right now, absolutely. I am going to resist the temptation of trying to predict a number.
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