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.
Bray Four-Piece Florence Road Grateful For Eddie Vedder's Act Of Kindness
Pearl Jam's Eddie Vedder lends Wicklow band Florence Road his guitars after gear stolen in LA
Wicklow County Council Delays Rent Scheme Until November Amid Strong Protest Voices
Start date moved from 3 October to 7 November as councillors prepare to vote on a motion to halt the changes
Bray's Tales for Tadpoles Longlisted for Bookshop of the Year
Could a Wicklow store take the win for a third time?
An Tóchar To Face Blessington In Wicklow Senior Football Final
An Tóchar and Blessington will contest the 2026 Wicklow Senior Football Championship final after winning their semi-finals at Aughrim over the weekend.
Wicklow's New Homes Carry Highest Price Tags Outside Of Dublin
The Garden of Ireland tops the county table for new builds, even as the wider housing market cools.
Light rain shower
High: 18°C | Low: 10°C
Light rain shower
High: 18°C | Low: 10°C
Light rain shower
High: 18°C | Low: 7°C
Light rain shower
High: 18°C | Low: 8°C
Light rain shower
High: 18°C | Low: 7°C
