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.
Young Wicklow Readers Celebrated at Ballywaltrim Library
The Summer Stars signed up more readers than ever before.
Met Éireann Issues Status Yellow Rain Warning for Wicklow
Heavy rain and thunderstorms are possible from noon tomorrow.
Tender Issued For DART Charging Infrastructure In Wicklow Station
Rail traffic will be transformed with far greater connectivity between Dublin city centre and Wicklow town
Almost 1,200 Wicklow Children Waiting for Early Years Places
Staff turnover in Wicklow crèche settings is well above the national average
Wicklow Hosepipe Ban Extended As Supplies Remain Under Pressure
Uisce Éireann says another month of shorter showers, reduced use of washing machines, and using a watering can is needed.
Light rain shower
High: 20°C | Low: 15°C
Light rain shower
High: 20°C | Low: 16°C
Light rain shower
High: 21°C | Low: 14°C
Heavy rain shower
High: 22°C | Low: 13°C
Heavy rain shower
High: 22°C | Low: 13°C
