Oireachtas Joint and Select Committees

Wednesday, 28 September 2022

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Cost of Living, Minimum Wage Increases and Report of Low Pay Commission: Discussion

Photo of Paul GavanPaul Gavan (Sinn Fein) | Oireachtas source

Looking at the consumer price index information, I see that for April inflation was at 7%, in May it was 7.8%, and in June it was 9.1%. In July, the commission would have had access to that June figure. How on earth did the commission assume that inflation for the year was going to be as low as 4%?

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