Oireachtas Joint and Select Committees

Tuesday, 4 October 2016

Committee on Budgetary Oversight

Forecasts for Budget 2017: Department of Finance

11:00 am

Mr. John McCarthy:

Personal consumption deflator. Let us call it the CPI. It is slightly different, but it is the inflation rate. We are trying to look at it in real terms.

All these components added together give the light blue line. We can see that in 2016, households on average throughout the economy will see real income gains of between 4% and 5%; I cannot read it exactly off the chart there. That is the explanation for that chart. It is all available from the national accounts.

The Deputy mentioned a couple of issues and Ms Weymes can help me out here. I do not have figures to hand on jobless households. We can certainly get them and forward them to the secretariat or to the Chair.

The figures for the composition of unemployment by age cohort are available, but that is detailed information that I do not have with me. We do participation rate at an aggregate level. I do not have the figures here, but they are available. Does Ms Weymes wish to say something?