Oireachtas Joint and Select Committees
Wednesday, 25 January 2023
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Economic Issues: Engagement with Governor of the Central Bank of Ireland
Peadar Tóibín (Meath West, Aontú) | Oireachtas source
I appreciate the answer, but I am trying to see if there is any quantitative analysis in the contribution cost-push inflation has had. Can we say that 30% of the inflation that now exists stemmed from restrictions in the aggregate supply of goods into the sector. That has a number of policy results. If it is significantly cost-push an interest rate increase is less useful and more punitive.
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