Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

It is good to hear that. Just before coming in here today we heard an announcement from PrepayPower that electricity prices would increase by 10% and gas by 20% on top of what has already happened. There is a breaking point here and some have already passed it.

The council has been critical of the Government's lack of a targeted approach in its interventions to date. The report refers to about €1 billion worth of interventions since the start of the year up to the publication of the Stability Programme Update, SPU, about 90% of which were untargeted. According to the council, this means that substantial public resources are being transferred to individuals who already have high incomes and who are, therefore, just likely to increase their savings. What is the impact of this level of untargeted measures on inflation itself?