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.
Free Child Car Seat Checks Return to Wicklow Next Week
53% of car seats checked were incorrectly fitted, and needed adjustments to make them safe,
Sinn Féin Say Wicklow Rent Hikes Forcing Families Into "Impossible Choices"
Sinn Féin TD warns of devastating impact as Council considers 100-200% increases; protest planned for Monday
Wicklow Sports Clubs Encouraged To Apply For Funding For Community Facilities
Wicklow Commuters: Have Your Say on Dublin-Wexford Rail Line
The long complained about service is up for discussion at a public meeting in Gorey.
Blessington Farm Steps Into National Spotlight
Tinode dairy farm hosts National Dairy Council campaign celebrating Irish agriculture
Light rain
High: 17°C | Low: 12°C
Light rain
High: 17°C | Low: 11°C
Light rain
High: 17°C | Low: 9°C
Light rain
High: 17°C | Low: 10°C
Light rain
High: 17°C | Low: 10°C
