Seanad debates
Wednesday, 22 November 2006
Economic Competitiveness: Motion
5:00 pm
John Paul Phelan (Fine Gael)
It is not comparing like with like. The true, acknowledged and used rate of inflation in this country is the consumer price index. Despite the efforts and the words of Senator Mansergh when he spoke about the Minister for Finance being conscious of his role in keeping inflation low, why was the rate of inflation more than twice that in most other countries of the European Union for a period this year?
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