There have been 416 new cases of COVID-19 confirmed in the Republic, according to the Department of Health.
There have been five further deaths associated with the virus in the past 24 hours.
The latest figures bring the total amount of cases here to 61,456, while the number of coronavirus-related deaths stands at 1,913.
The numbers are reflective of the denotification of 19 confirmed cases of the virus.
Of the latest cases, 64% are under 45 years of age, while the median age is 34 years old.
Regarding the nationwide distribution of cases, 87 are in Dublin, 62 in Cork, 41 in Mayo, 37 in Galway and the remaining 189 cases are spread across 20 other counties.
196 are men and 230 are women.
As of 2pm today, 320 people are now receiving treatment in hospital for the virus after 19 new admissions in the past 24 hours.
Of those patients, 41 are in ICU.
The 14-day incidence rate per 100,000 of the population now stands at 268.7.
Dr Tony Holohan, Chief Medical Officer at the Department of Health said: “We are making progress in suppressing the current rise of COVID-19.
"Ireland is currently one of only four countries in the EU with a reduction in its 7-day incidence.
"Nationally, our reproductive number has reduced to about 1.0.
“We are working collectively to achieve suppression, but it is too early to ease our efforts.
"The incidence is decreasing in young adults but it continues to rise in those aged over 75. We have more to do but we are on the right track.”
He said earlier today on Twitter that we are making progress with the virus, especially young people, but that it is "too early to stop" and "we need to keep it up".
He warned that coronavirus rates are still increasing among those aged over 65.
We are making progress on #COVID19 - we are following public health advice. Young people especially. Best country in EU in most recent 7-day rates. But- too early to stop. Rates still rising in >65s and have not dropped in Dublin. We need to keep it up. @HSELive @roinnslainte
— Dr Tony Holohan (@CMOIreland) October 31, 2020
Meanwhile, 649 new cases of COVID-19 have been recorded in Northern Ireland in the last 24 hours.
There have also been 11 additional deaths reported by the Department of Health there.
Main image: Dr Tony Holohan, Chief Medical Officer at the Department of Health at the COVID-19 briefing yesterday evening. Photo: Sam Boal/Rollingnews.ie