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.
UPDATE: Three Car Collision Cleared from the N11 at Glen Of The Downs
The northbound lanes approaching Delgany have reopened.
Over 50 Free Events, Performances & Workshops For Wicklow Culture Night
Wicklow Culture Night 2026 Is Here!!!!
Penalty Points Drive Up Insurance Costs for 16,000 Wicklow Drivers
More than 12,500 Wicklow drivers have three points, 294 have 9 points, and 41 are on 12 points, the threshold for disqualification.
Irish Farming Could Face 'Cliff Edge' With One In Three Farmers Planning Exit
One in Three Farmers Plan to Leave Within Five Years, Survey Reveals
Wicklow's "Irish Viking" Disqualified From Driving for Six Years
TikTok Influencer Matthew Gilbert was ccaught speeding on the N11 while already banned and uninsured
Light rain
High: 19°C | Low: 15°C
Light rain
High: 19°C | Low: 16°C
Light rain
High: 19°C | Low: 15°C
Light rain
High: 18°C | Low: 14°C
Light rain
High: 19°C | Low: 15°C
