Oireachtas Joint and Select Committees
Wednesday, 28 September 2022
Joint Oireachtas Committee on Jobs, Enterprise and Innovation
Cost of Living, Minimum Wage Increases and Report of Low Pay Commission: Discussion
Paul Gavan (Sinn Fein)
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Looking at the consumer price index information, I see that for April inflation was at 7%, in May it was 7.8%, and in June it was 9.1%. In July, the commission would have had access to that June figure. How on earth did the commission assume that inflation for the year was going to be as low as 4%?