Oireachtas Joint and Select Committees

Wednesday, 1 June 2022

Committee on Budgetary Oversight

Fiscal Assessment Report: Irish Fiscal Advisory Council

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

Are the factors that lead to this €2 billion improvement outlined in table E-1: nominal compensation of employees; nominal personal consumption, which is in the negative territory; nominal building and construction, which as we know is also very high; and the inflation rate? Is it correct to say that it is very much in the area of inflation?

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