Dáil Éireann Debate, Tuesday - 14 February 2006
121 Ms O’Sullivan asked the Minister for the Environment, Heritage and Local Government, further to his press release of 13 November 2005, the amount by which inflation for construction inputs continues to decelerate; the annual inflation rate for construction inputs; and if he will make a statement on the matter. [5311/06]
Amharc ar fhreagraThe rate of inflation in the price of building and construction materials continues to decline. The year on year inflation rate to November 2005, the latest month for which figures are available, was 3.3% compared to a corresponding figure of 11.7% at November 2004. As the Minister responsible for overseeing the delivery of a major share of economic and social infrastructure projects under the national development plan, I welcome the decrease in the rate of inflation for construction given the importance of ensuring more value for money in the development of public infrastructure.
