Gerald Nash (Louth, Labour) | Oireachtas source

I am going to make some observations now, if I may. I am required, unfortunately, to be in the Chamber in a few minutes to participate in a Second Stage debate on a Bill.

Dr. Kelly notes that HICP inflation has been revised down relative to previous forecasts and the forecast for 2024 is 2%. However, I note the Central Bank's own review suggests that service prices inflation is sticky, as Dr. Kelly describes it, and is currently running at about 5%. Does a proportion of that relate to profit-taking?