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.
Community Hub and Rest Centre Set Up In Aughrim
The Pavilion in Aughrim has overnight accommodation if required.
Emergency Funds Available For Wicklow Households Hit By Storm Chandra
Emergency payments are not income tested and cover immediate essentials like food, clothing and bedding.
Storm Chandra: Yellow Weather Warnings for Wicklow
Duvet Day? Prepare for heavy rain and strong winds across the county from Monday night.
Wicklow Sees Strong Uptake in Vacant Property Refurbishment Grant Scheme
Almost €3.5 million invested into turning empty Wicklow properties into family homes
Uisce Éireann Slammed In The Dáil For Blocking Housing In Rural Wicklow
Local TD Malcolm Byrne warns that water and wastewater capacity issues are blocking new homes and threatening the future of rural communities, including Aughrim.
Heavy Rain
High: 9°C | Low: 6°C
Heavy Rain
High: 9°C | Low: 6°C
Heavy Rain
High: 9°C | Low: 5°C
Heavy Rain
High: 8°C | Low: 4°C
Heavy Rain
High: 9°C | Low: 4°C
