Dr. Kieran McQuinn:

I would like to go back to the tail end of Deputy Doherty's question about the impacts. It is clear, overall, that inflationary cycles tend to hit the people at the lower end of income distribution. I do not think there is any doubt about that, and particularly in an Irish context what we notice is that it was also people in rural areas, because obviously they have a higher spend on energy-related issues. In the next commentary, our tax welfare benefits team will be looking at the recent Government measures outlined in February, and they will be doing some analysis on that. That will be in the next commentary, which is out next week, and it will deal with the distributional issues around that.