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.
Public Urged To Avoid Bray Head As Gorse Fire Smoulders
A spate of wildfires impacted the county this week amid unusually high temperatures.
Wicklow’s Mason Melia Makes International Bow For Boys In Green In Latest Career Milestone
Mason Melia fast-tracked into Ireland squad for summer friendlies make his debut in friendly victory
Velvet-Voiced Welshman Films Wicklow Mountains From Wales Thanks To Sea Heatwave Phenomenon!
Under rare, perfectly clear atmospheric conditions—often during hot summer weather or temperature inversions—the silhouettes of the Wicklow Mountains can be seen from the Welsh coast
Wicklow Salutes FTD Brothers As They Complete 32 Marathon Challenge
€1.7 million has been raised so far for the Alzheimer Society of Ireland and The FTD Foundation.
Not Yet Shaken Or Stirred: Greystones Actor Steps Into Young James Bond Role
The Name’s Bond.......... Patrick Bond
6:00am - 8:00am
Light rain
High: 20°C | Low: 14°C
Light rain shower
High: 19°C | Low: 13°C
Light rain
High: 21°C | Low: 13°C
Light rain
High: 20°C | Low: 13°C
Heavy rain shower
High: 20°C | Low: 14°C