Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

Okay. It is only to be helpful, obviously. Today is the day where the largest energy company has followed what others have done and increased the cost of electricity by 23% and gas by 25%. These news stories are breaking on television and radio and sending shock waves through the financial stability of many households.

Mr. Makhlouf talked about inflation obviously impacting lower- and middle-income households hardest. Will he talk about the particular composition of this inflation in terms of its components, which are very much about the necessities? I refer to energy, the heat in one's home, putting fuel in one's car, food inflation, which we are not really seeing but we will see over the next number of months, and then the war in Ukraine inflation that is pushing up gas prices, which we are not seeing yet but will see in the third to fourth quarter of the year. Will Mr. Makhlouf talk about the studies the Central Bank of Ireland has done in terms of how the average price of inflation impacts harder on rural and lower income households? How did the bank come to that finding?