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 Sports Clubs Invited to Apply For Funding Support
The Texaco Fund Launched in Greystones.
Fórsa Work-To-Rule Begins Today, With 1,400 Members In Wicklow Over Pay Deal
More than 90,000 public service workers nationwide start industrial action over pay and the cost of living. A public sector-wide strike is planned for 14 October.
Bray Four-Piece Florence Road Grateful For Eddie Vedder's Act Of Kindness
Pearl Jam's Eddie Vedder lends Wicklow band Florence Road his guitars after gear stolen in LA
Wicklow County Council Delays Rent Scheme Until November Amid Strong Protest Voices
Start date moved from 3 October to 7 November as councillors prepare to vote on a motion to halt the changes
Bray's Tales for Tadpoles Longlisted for Bookshop of the Year
Could a Wicklow store take the win for a third time?
Light rain shower
High: 18°C | Low: 14°C
Light rain shower
High: 17°C | Low: 14°C
Light rain shower
High: 17°C | Low: 13°C
Light rain shower
High: 17°C | Low: 12°C
Light rain shower
High: 17°C | Low: 13°C
