Dr. Karina Doorley:

Our analysis is based on a simulation for the current year, 2025. We are using the same data that the CSO has but when we put it through our model, it accounts for updates to the tax and welfare systems since then. That is why our simulated poverty rates are different from the most recent ones from the CSO. They are for 2025 rather than 2024 and are simulated rather than being based on actual data. We are simulating the tax and welfare system. The report that we have been discussing is based on a simulation of 2025.