‘Celtic Kitten’ begins to purr but the trickle-down is slow

The Dublin region will see substantial growth rates in the coming years –matching the economic surge of the ‘pre-bubble Celtic Tiger’ era, but leading economists are struggling to find a new moniker for this new and milder economic beast —with suggestions so far including ‘the Celtic Wolfhound’ and ‘the Celtic Kitten’.

However, experts warn that the ‘trickle-down’ of this economic windfall will take some time to fully reach other regions.

Austin Hughes, chief economist at KBC Ireland, said he will likely increase his outlook from a growth rate of 4.5% this year and the rate of 3.8% for 2016, when the CSO publishes GDP data later this month.