Dáil
‹ Ceisteanna—Questions. Oral Answers. - Inflation Estimate. Budget contribution to inflation
Summary
Cluskey asked how much of current-year inflation the Department attributed to the budget. The Minister estimated less than 4 per cent, about 3.8 per cent, and noted the increased purchasing power from tax allowances and social welfare benefits; the next questions were postponed.
How many percentage points which the Minister's Department have calculated in the inflation for the current year can be attributed directly to the budget?
Comment on this
Less than 4 per cent —of the order of 3.8 per cent. You also have to take into account the increase in purchasing power made available through the income tax allowance and the social welfare benefits.
