Oireachtas Joint and Select Committees

Tuesday, 19 September 2023

Committee on Budgetary Oversight

Pre-Budget Engagement: Central Bank of Ireland and ESRI

Photo of Gerald NashGerald Nash (Louth, Labour) | Oireachtas source

If we accept the Central Bank's forecast for inflation next year at 3.2%, is Dr. Kelly in a position to provide us with at least an estimate of how much of this inflation next year will be accounted for by the Government's expansionary budget, as he has described it? I am using his own term when I say "expansionary". Would it be 3%? Would it be 2.9%?

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