Written answers
Wednesday, 1 June 2005
Department of Finance
Price Inflation
8:00 pm
Bernard Durkan (Kildare North, Fine Gael)
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Question 140: To ask the Minister for Finance the action he will take to address the issue of price hikes not reflected in the CPI but which contribute greatly to a lack of competitiveness in the economy; and if he will make a statement on the matter. [18689/05]
Brian Cowen (Laois-Offaly, Fianna Fail)
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The compilation of the consumer price index is a matter for the Central Statistics Office. The Deputy might note, however, that whether on a CPI basis or on the EU harmonised index of consumer prices, inflation in Ireland is at the lower end of the EU scale. With regard to competitiveness, I have dealt with this issue in other replies to the Deputy.
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