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.
Garda Patrols To Increase in Greystones and Delgany Ahead of Hallowe'en
It follows concerns about anti-social behaviour in Dr. Ryan Park, Archers Wood and surrounding areas.
Lara Gillespie Claims Silver at UCI Track Cycling World Championships
The Enniskerry rider still plans to go for gold, having missed out on a photo finish.
Wicklow Schools, Clinics & Council Services Hit In Biggest Public Sector Strike in 15 Years
Disruption is inevitable as unions say their members don't want to impend services while the government's wait to address public sector pay row leaves the public at the mercy of withdrawn services
Katie Taylor's Remarkable Life To Be Dramatised In Theatres In HERstory
Bray Bomber To Step Onto The Stage With Two-Part Show On Her Extraordinary Life & Times In Boxing
Wicklow Teen On Cocaine Caught Speeding On Wexford Roads
The 18-year-old was caught speeding at 117kmh. A test at the scene detected cocaine use.
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Love Songs on the Coast
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High: 13°C | Low: 6°C
Light rain
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