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.
Wicklow Councillors Split On Local Property Tax Rates
Will your property tax go up? Wicklow councillors will decide on Friday.
Wicklow's Jack Reynor To Be Honoured In Los Angeles
County Wicklow star to receive Oscar Wilde Award
Ominous Soundtrack Drowns Out Councillor's Message As Row Over Council Rent Hikes Rumbles On
A Bray councillor's TikTok about controversial new council rent scheme became a talking point for the wrong reasons, after the music he added overshadowed what he was saying.
East Coast FM's Jack Massey Among Ten Selected for the Learning Waves Journalism Graduate Programme
East Coast FM's Jack Massey Among Ten Selected for the Learning Waves Journalism Graduate Programme
New Water Mains In The Pipeline For Delgany
Works will begin on Church Road next week for "A water supply people can count on".
Light rain shower
High: 17°C | Low: 9°C
Light rain shower
High: 16°C | Low: 9°C
Light rain shower
High: 16°C | Low: 8°C
Light rain shower
High: 15°C | Low: 7°C
Sunny intervals
High: 16°C | Low: 8°C
