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.
Strong Gusts Expected Across Wicklow With Abrupt Yellow Wind Warning Issued
Met Éireann has issued a Status Yellow wind warning for Wicklow today as part of a band of windy, unsettled weather — strong gusts and rough coastal conditions are expected until mid‑afternoon.
Public Invited To Have A Say On Proposed Greystones-Wicklow Greenway Route
Have Your Say on the New Wicklow Greenway: A proposed 25km Route from Greystones to Wicklow
Rathdrum Town Team Submits Formal Response on Proposed Traffic Management / One-Way System
The Rathdrum Town Team unites local stakeholders, business owners, community groups, and public representatives who share a vision of promoting sustainable growth and well-being in Rathdrum.
Over 3,200 Newborn Baby Grants Issued Locally Last Year
More than 3,000 families benefitted from the grant across Wicklow and Wexford in its first year.
Early Season Silverware For Wicklow Hurlers
Wicklow claimed the Kehoe Cup for first time since 2003 with a one-point win over Meath
8:00pm - 10:00pm
Love Songs on the Coast
Light rain
High: 9°C | Low: 5°C
Light rain
High: 9°C | Low: 6°C
Light rain
High: 8°C | Low: 5°C
Light rain
High: 8°C | Low: 4°C
Light rain
High: 9°C | Low: 4°C