Paul Gavan (Sinn Fein) | Oireachtas source

I hear Mr. Courtney but I am still puzzled as to how his prediction was 4%, when Mr. Courtney says the commission made that recommendation in July, when we certainly had data at that stage in the public domain telling us that inflation was roaring ahead at that point at 9.1% in June. I am completely puzzled as to how the commission came up with the prediction for the year of 4%.