{"id":17345,"date":"2026-04-21T13:31:30","date_gmt":"2026-04-21T12:31:30","guid":{"rendered":"https:\/\/www.socialdemocrats.ie\/?p=17345"},"modified":"2026-04-21T13:31:30","modified_gmt":"2026-04-21T12:31:30","slug":"spring-economic-forecast-shows-that-measures-to-curb-inflation-are-needed","status":"publish","type":"post","link":"https:\/\/www.socialdemocrats.ie\/ga\/spring-economic-forecast-shows-that-measures-to-curb-inflation-are-needed\/","title":{"rendered":"Spring Economic Forecast shows that measures to curb inflation are needed"},"content":{"rendered":"<p>The Spring Economic Forecast shows that measures to curb inflation are needed, according to Social Democrats finance spokesperson Cian O\u2019Callaghan.<\/p>\n<p>Deputy O\u2019Callaghan said:<\/p>\n<p>\u201cResources must be prioritised in areas that will curb inflation and have a long-term benefit \u2013 such as accelerating the rollout of solar panels to reduce household energy bills.<\/p>\n<p>\u201cThese kinds of measures will create downward pressure on inflation, reduce our reliance on importing fossil fuels and will improve our energy security.<\/p>\n<p>\u201cWindfall tax receipts must be invested in our future and not handed out in tax cuts.<\/p>\n<p>\u201cThe Irish Fiscal Advisory Council (IFAC) has tracked the state of Ireland\u2019s finances without the recent windfall corporate tax receipts. They have identified an \u2018underlying deficit\u2019 that has grown from \u20ac6bn in 2024 to \u20ac7.5bn last year.<\/p>\n<p>\u201cThe IFAC predict that this deficit could rise to \u20ac13.6bn in 2026.<\/p>\n<p>\u201cGiven the underlying deficit and the current global economic uncertainty, it is irresponsible for the Government to be talking about tax cuts that would narrow the tax base.<\/p>\n<p>\u201cFine Gael has clearly learned nothing from the economic catastrophe caused by their coalition partners.\u201d<\/p>\n<p><em>April 21, 2026<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Spring Economic Forecast shows that measures to curb inflation are needed, according to Social Democrats finance spokesperson Cian O\u2019Callaghan. Deputy O\u2019Callaghan said: \u201cResources must be prioritised in areas that will curb inflation and have a long-term benefit \u2013 such as accelerating the rollout of solar panels to reduce household energy bills. \u201cThese kinds of [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":11218,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[278,88,7,830],"tags":[],"class_list":["post-17345","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cian-ocallaghan","category-finance","category-press-release","category-windfall-tax"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Spring Economic Forecast shows that measures to curb inflation are needed - Social Democrats<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.socialdemocrats.ie\/spring-economic-forecast-shows-that-measures-to-curb-inflation-are-needed\/\" \/>\n<meta property=\"og:locale\" content=\"ga_IE\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Spring Economic Forecast shows that measures to curb inflation are needed - Social Democrats\" \/>\n<meta property=\"og:description\" content=\"The Spring Economic Forecast shows that measures to curb inflation are needed, according to Social Democrats finance spokesperson Cian O\u2019Callaghan. Deputy O\u2019Callaghan said: \u201cResources must be prioritised in areas that will curb inflation and have a long-term benefit \u2013 such as accelerating the rollout of solar panels to reduce household energy bills. \u201cThese kinds of [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.socialdemocrats.ie\/spring-economic-forecast-shows-that-measures-to-curb-inflation-are-needed\/\" \/>\n<meta property=\"og:site_name\" content=\"Social Democrats\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/socialdemocratsireland\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-21T12:31:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.socialdemocrats.ie\/wp-content\/uploads\/2025\/01\/Cian-2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1280\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Press Officer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@SocDems\" \/>\n<meta name=\"twitter:site\" content=\"@SocDems\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Press Officer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/spring-economic-forecast-shows-that-measures-to-curb-inflation-are-needed\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/spring-economic-forecast-shows-that-measures-to-curb-inflation-are-needed\\\/\"},\"author\":{\"name\":\"Press Officer\",\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/#\\\/schema\\\/person\\\/70fcd60661593532616f9f91a0fb8db7\"},\"headline\":\"Spring Economic Forecast shows that measures to curb inflation are needed\",\"datePublished\":\"2026-04-21T12:31:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/spring-economic-forecast-shows-that-measures-to-curb-inflation-are-needed\\\/\"},\"wordCount\":195,\"publisher\":{\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/spring-economic-forecast-shows-that-measures-to-curb-inflation-are-needed\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/wp-content\\\/uploads\\\/2025\\\/01\\\/Cian-2.jpg\",\"articleSection\":[\"Cian O'Callaghan\",\"Finance\",\"Press Release\",\"Windfall tax\"],\"inLanguage\":\"ga-IE\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/spring-economic-forecast-shows-that-measures-to-curb-inflation-are-needed\\\/\",\"url\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/spring-economic-forecast-shows-that-measures-to-curb-inflation-are-needed\\\/\",\"name\":\"Spring Economic Forecast shows that measures to curb inflation are needed - Social Democrats\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/spring-economic-forecast-shows-that-measures-to-curb-inflation-are-needed\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/spring-economic-forecast-shows-that-measures-to-curb-inflation-are-needed\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/wp-content\\\/uploads\\\/2025\\\/01\\\/Cian-2.jpg\",\"datePublished\":\"2026-04-21T12:31:30+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/spring-economic-forecast-shows-that-measures-to-curb-inflation-are-needed\\\/#breadcrumb\"},\"inLanguage\":\"ga-IE\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.socialdemocrats.ie\\\/spring-economic-forecast-shows-that-measures-to-curb-inflation-are-needed\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"ga-IE\",\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/spring-economic-forecast-shows-that-measures-to-curb-inflation-are-needed\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/wp-content\\\/uploads\\\/2025\\\/01\\\/Cian-2.jpg\",\"contentUrl\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/wp-content\\\/uploads\\\/2025\\\/01\\\/Cian-2.jpg\",\"width\":1920,\"height\":1280},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/spring-economic-forecast-shows-that-measures-to-curb-inflation-are-needed\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Spring Economic Forecast shows that measures to curb inflation are needed\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/#website\",\"url\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/\",\"name\":\"Social Democrats\",\"description\":\"Change Ireland for the better\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"ga-IE\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/#organization\",\"name\":\"The Social Democrats\",\"url\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"ga-IE\",\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/SocDems-logo.png\",\"contentUrl\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/SocDems-logo.png\",\"width\":846,\"height\":358,\"caption\":\"The Social Democrats\"},\"image\":{\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/socialdemocratsireland\",\"https:\\\/\\\/x.com\\\/SocDems\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/#\\\/schema\\\/person\\\/70fcd60661593532616f9f91a0fb8db7\",\"name\":\"Press Officer\",\"url\":\"https:\\\/\\\/www.socialdemocrats.ie\\\/ga\\\/author\\\/press\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Spring Economic Forecast shows that measures to curb inflation are needed - Social Democrats","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.socialdemocrats.ie\/spring-economic-forecast-shows-that-measures-to-curb-inflation-are-needed\/","og_locale":"ga_IE","og_type":"article","og_title":"Spring Economic Forecast shows that measures to curb inflation are needed - Social Democrats","og_description":"The Spring Economic Forecast shows that measures to curb inflation are needed, according to Social Democrats finance spokesperson Cian O\u2019Callaghan. Deputy O\u2019Callaghan said: \u201cResources must be prioritised in areas that will curb inflation and have a long-term benefit \u2013 such as accelerating the rollout of solar panels to reduce household energy bills. \u201cThese kinds of [&hellip;]","og_url":"https:\/\/www.socialdemocrats.ie\/spring-economic-forecast-shows-that-measures-to-curb-inflation-are-needed\/","og_site_name":"Social Democrats","article_publisher":"https:\/\/www.facebook.com\/socialdemocratsireland","article_published_time":"2026-04-21T12:31:30+00:00","og_image":[{"width":1920,"height":1280,"url":"https:\/\/www.socialdemocrats.ie\/wp-content\/uploads\/2025\/01\/Cian-2.jpg","type":"image\/jpeg"}],"author":"Press Officer","twitter_card":"summary_large_image","twitter_creator":"@SocDems","twitter_site":"@SocDems","twitter_misc":{"Written by":"Press Officer","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.socialdemocrats.ie\/spring-economic-forecast-shows-that-measures-to-curb-inflation-are-needed\/#article","isPartOf":{"@id":"https:\/\/www.socialdemocrats.ie\/spring-economic-forecast-shows-that-measures-to-curb-inflation-are-needed\/"},"author":{"name":"Press Officer","@id":"https:\/\/www.socialdemocrats.ie\/#\/schema\/person\/70fcd60661593532616f9f91a0fb8db7"},"headline":"Spring Economic Forecast shows that measures to curb inflation are needed","datePublished":"2026-04-21T12:31:30+00:00","mainEntityOfPage":{"@id":"https:\/\/www.socialdemocrats.ie\/spring-economic-forecast-shows-that-measures-to-curb-inflation-are-needed\/"},"wordCount":195,"publisher":{"@id":"https:\/\/www.socialdemocrats.ie\/#organization"},"image":{"@id":"https:\/\/www.socialdemocrats.ie\/spring-economic-forecast-shows-that-measures-to-curb-inflation-are-needed\/#primaryimage"},"thumbnailUrl":"https:\/\/www.socialdemocrats.ie\/wp-content\/uploads\/2025\/01\/Cian-2.jpg","articleSection":["Cian O'Callaghan","Finance","Press Release","Windfall tax"],"inLanguage":"ga-IE"},{"@type":"WebPage","@id":"https:\/\/www.socialdemocrats.ie\/spring-economic-forecast-shows-that-measures-to-curb-inflation-are-needed\/","url":"https:\/\/www.socialdemocrats.ie\/spring-economic-forecast-shows-that-measures-to-curb-inflation-are-needed\/","name":"Spring Economic Forecast shows that measures to curb inflation are needed - Social Democrats","isPartOf":{"@id":"https:\/\/www.socialdemocrats.ie\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.socialdemocrats.ie\/spring-economic-forecast-shows-that-measures-to-curb-inflation-are-needed\/#primaryimage"},"image":{"@id":"https:\/\/www.socialdemocrats.ie\/spring-economic-forecast-shows-that-measures-to-curb-inflation-are-needed\/#primaryimage"},"thumbnailUrl":"https:\/\/www.socialdemocrats.ie\/wp-content\/uploads\/2025\/01\/Cian-2.jpg","datePublished":"2026-04-21T12:31:30+00:00","breadcrumb":{"@id":"https:\/\/www.socialdemocrats.ie\/spring-economic-forecast-shows-that-measures-to-curb-inflation-are-needed\/#breadcrumb"},"inLanguage":"ga-IE","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.socialdemocrats.ie\/spring-economic-forecast-shows-that-measures-to-curb-inflation-are-needed\/"]}]},{"@type":"ImageObject","inLanguage":"ga-IE","@id":"https:\/\/www.socialdemocrats.ie\/spring-economic-forecast-shows-that-measures-to-curb-inflation-are-needed\/#primaryimage","url":"https:\/\/www.socialdemocrats.ie\/wp-content\/uploads\/2025\/01\/Cian-2.jpg","contentUrl":"https:\/\/www.socialdemocrats.ie\/wp-content\/uploads\/2025\/01\/Cian-2.jpg","width":1920,"height":1280},{"@type":"BreadcrumbList","@id":"https:\/\/www.socialdemocrats.ie\/spring-economic-forecast-shows-that-measures-to-curb-inflation-are-needed\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.socialdemocrats.ie\/"},{"@type":"ListItem","position":2,"name":"Spring Economic Forecast shows that measures to curb inflation are needed"}]},{"@type":"WebSite","@id":"https:\/\/www.socialdemocrats.ie\/#website","url":"https:\/\/www.socialdemocrats.ie\/","name":"Social Democrats","description":"Change Ireland for the better","publisher":{"@id":"https:\/\/www.socialdemocrats.ie\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.socialdemocrats.ie\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"ga-IE"},{"@type":"Organization","@id":"https:\/\/www.socialdemocrats.ie\/#organization","name":"The Social Democrats","url":"https:\/\/www.socialdemocrats.ie\/","logo":{"@type":"ImageObject","inLanguage":"ga-IE","@id":"https:\/\/www.socialdemocrats.ie\/#\/schema\/logo\/image\/","url":"https:\/\/www.socialdemocrats.ie\/wp-content\/uploads\/2023\/09\/SocDems-logo.png","contentUrl":"https:\/\/www.socialdemocrats.ie\/wp-content\/uploads\/2023\/09\/SocDems-logo.png","width":846,"height":358,"caption":"The Social Democrats"},"image":{"@id":"https:\/\/www.socialdemocrats.ie\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/socialdemocratsireland","https:\/\/x.com\/SocDems"]},{"@type":"Person","@id":"https:\/\/www.socialdemocrats.ie\/#\/schema\/person\/70fcd60661593532616f9f91a0fb8db7","name":"Press Officer","url":"https:\/\/www.socialdemocrats.ie\/ga\/author\/press\/"}]}},"_links":{"self":[{"href":"https:\/\/www.socialdemocrats.ie\/ga\/wp-json\/wp\/v2\/posts\/17345","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.socialdemocrats.ie\/ga\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.socialdemocrats.ie\/ga\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.socialdemocrats.ie\/ga\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.socialdemocrats.ie\/ga\/wp-json\/wp\/v2\/comments?post=17345"}],"version-history":[{"count":1,"href":"https:\/\/www.socialdemocrats.ie\/ga\/wp-json\/wp\/v2\/posts\/17345\/revisions"}],"predecessor-version":[{"id":17346,"href":"https:\/\/www.socialdemocrats.ie\/ga\/wp-json\/wp\/v2\/posts\/17345\/revisions\/17346"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.socialdemocrats.ie\/ga\/wp-json\/wp\/v2\/media\/11218"}],"wp:attachment":[{"href":"https:\/\/www.socialdemocrats.ie\/ga\/wp-json\/wp\/v2\/media?parent=17345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.socialdemocrats.ie\/ga\/wp-json\/wp\/v2\/categories?post=17345"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.socialdemocrats.ie\/ga\/wp-json\/wp\/v2\/tags?post=17345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}