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 Braced Once More As Coillte Signal Orange Fire Warning
Public is warned against fires or barbecues in forests or recreational areas, no blocking of emergency access routes, extra vigilance around dry vegetation
Wicklow Boss Targets Tailteann Cup Glory As Down Challenge Looms At Croke Park
'It's not worth a big pile unless we actually go and win it' says the positive Wicklow boss
Wicklow TD Calls For Straw Incorporation Funding For Struggling Tillage farmers
Brian Brennan presses Government for a decision on the Straw Incorporation Measure for struggling tillage sector
New Operator at Wicklow Gaol Brings A Reopening Date Closer
Major refurbishment works at the Wicklow tourist site are nearing completion.
Investigations Continue Into Armed Chase and Crash in Kilcoole
Two men armed with baseball bats chased a man down centre of Kilcoole village on Tuesday evening.
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High: 22°C | Low: 15°C
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Sunny intervals
High: 27°C | Low: 13°C
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High: 29°C | Low: 15°C
