Oireachtas Joint and Select Committees
Tuesday, 8 October 2013
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Macroeconomic Forecasting: Discussion with Department of Finance
7:10 pm
Ciarán Lynch (Cork South Central, Labour)
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I do not wish to make the witnesses give a tight prediction, but the fact that the beginning of the budget cycle has moved to October has a significant impact on the retail cycle and there is an expectation that consumer sentiment and confidence will grow after the budget, given that we are going into the final quarter which takes us to Christmas, always the best quarter for retail. Is there any prediction or indication about where the figures will go? I imagine there would be an increase.