Oireachtas Joint and Select Committees

Wednesday, 1 June 2022

Committee on Budgetary Oversight

Fiscal Assessment Report: Irish Fiscal Advisory Council

Photo of Bernard DurkanBernard Durkan (Kildare North, Fine Gael) | Oireachtas source

The history of inflation in this country is peculiar, I think. Sometimes we can see what is causing it and sometimes we cannot. Currently, there is a war ongoing and inflation is inevitable. It is the reason for it now but it is not always the reason, unfortunately. Are there reasons given for the inflation that may not be a contributor but which may suit to explain away such inflation? I feel there are, although I may be answering my own question.

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