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.