Simon Harris

And secondly, and I think this is a really important point because I do get it that it's tough for people, the package that we've put in place will reduce what would have been the inflation rate by around 0.6% each of the months that it's in place.

So what does that basically mean?

It means if you go into a supermarket, your Tesco, your SuperValue, your Sentra, whatever the cost of an item on the shelf was, it would be lower than it would have been otherwise.

So the economic benefit of this package, and this is not just my view, it's the chief economist's analysis of the package, will suppress the inflation rate by around 0.6%.

But no, not just I'm saying.

The statement of fact is that everybody benefits.

Well, look, none of this is easy.

So, I mean, I think that's the starting point.

None of this is easy.

War is not easy.

There's nothing ideal here.

The world is going through the largest global energy crisis in decades, if not ever.

So none of this is easy.

But it does make sense.

to target in the first instance the sectors that are most dependent on fuel.

Not just for those sectors, but actually for the broader benefit of the Irish economy.

Because there's a huge, huge, huge link between the cost of fuel and the level of inflation.

And of course, the level of inflation affects every family, every business, every person.

But this is not the final word.

I mean, our country is in good economic stead.