The Central Bank is predicting the economy will shrink by 0.4 per cent this year.
The figure in its latest quarterly bulletin, is in contrast with the 9 percentage point fall that was forecast in July.
It expects domestic demand to drop by just over 7 per cent, but says a strong exports market will reduce its impact.
However the Central Bank is warning some sectors will be worst affected than others.
Patients Urged Not To Attend GP Practice In Bray Amid Suspension Order
The Medical Council has issue a strong warning regarding Dr Regine Grah, who is suspended from the Medical Register by order of the High Court.
Anti-social Behaviour In Bray Raised With Justice Minister
Wicklow TD Edward Timmins contacted Minister Jim O'Callaghan as residents in the Boghall Road area report ongoing problems.
Irish Artist Honours Katie Taylor With Mural Ahead Of Croke Park Homecoming
Katie Taylor is further immortalised in a thought provoking new mural as fans prepare for one last chance to see her fight at Croke Park in her curtain call
Wicklow Warned of Return To School Transport Chaos
Wicklow TD John Brady is calling for urgent action to resolve any issues before schools reopen.
Wicklow Farmer Among Six Picked for Flocks of the Future Initiative
Mark Norse from Newcastle will receive a mini flock of sheep worth more than €2,500.
10:00pm - 1:00am
Relaxing favourites with Traic O'Braonain
Sunny intervals
High: 22°C | Low: 12°C
Sunny intervals
High: 22°C | Low: 13°C
Sunny intervals
High: 24°C | Low: 10°C
Light rain
High: 23°C | Low: 9°C
Sunny intervals
High: 23°C | Low: 10°C