Written answers
Tuesday, 20 March 2007
Department of Finance
Price Inflation
11:00 pm
Eamon Ryan (Dublin South, Green Party)
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Question 165: To ask the Minister for Finance the expected average rate of inflation for 2007; and if his budgetary figures will be re-adjusted as a result. [10161/07]
Brian Cowen (Laois-Offaly, Fianna Fail)
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The Department of Finance's current inflation forecasts were published with Budget 2007 on the 6th December 2006. My Department forecast that CPI inflation will average 4.1 per cent and HICP inflation will average 2.6 per cent this year.
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