Oireachtas Joint and Select Committees
Wednesday, 14 February 2024
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Engagement with the Central Bank of Ireland
Mr. Vasileios Madouros:
If we look at the components of modified domestic demand, one of them is modified investment, which will have things that are traditionally part of investment such as construction and buildings. It also has investment in machinery. In 2022, we saw a very big increase in that level of investment.