Bernard Durkan (Kildare North, Fine Gael)
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Question 130: To ask the Minister for Finance if he has succeeded in identifying the price increases not reflected in the consumer price index which are contributing to a lack of competitiveness in the economy with consequent job relocation and a potential threat to investment; if particular effort has been made or if he has in mind a particular plan to curtail the trend in this regard; and if he will make a statement on the matter. [19312/06]

Brian Cowen (Laois-Offaly, Fianna Fail)
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The Director General of the Central Statistics Office (CSO) has sole responsibility for and is independent in deciding the statistical methodology and professional standards to be used in compiling the Consumer Price Index (CPI).

Maintaining a moderate rate of inflation remains a key priority of economic policy because of its importance in restoring competitiveness. The Government is doing its bit to contain inflation by implementing responsible fiscal policies. In addition, we have not increased excise duties for the last two years, and we are promoting greater price competition by removing the Groceries Order. We are also looking for a reasonable wage deal in order to maintain and improve our international competitiveness. We are investing in public infrastructure which will enhance our ability to produce more goods and services and keep inflation down in the process.