Oireachtas Joint and Select Committees
Wednesday, 9 March 2022
Committee on Budgetary Oversight
Pre-Stability Programme Update Scrutiny: Economic and Social Research Institute
Kieran O'Donnell (Limerick City, Fine Gael)
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Could there be a contradictory inflation situation, with a reduction in the economy due to world prices dictating energy costs and the Ukrainian crisis dictating food prices, which are two of the key components of any person's daily life? Typically, inflation would be associated with an overheating economy, but could there be that contradictory situation because of the Ukrainian crisis?