Growth treble eurozone average - Celebrate but with caution

It is an indication of how terribly destructive the last recession was that when economic indicators — what might be called the “Boomier and Boomier Index” — performs well it provokes as much apprehension as it does celebration.

Yesterday, the Central Statistics Office recorded that our economy, surely a grandchild of the eviscerated Celtic Tiger, grew by 6.7% last year, more than three times the eurozone average.