Petrol and diesel prices set to rise as excise duty reinstatedThe price of petrol and diesel is set to rise again from midnight tonight. Government excise duties, which were cut as part of measures to combat the cost-of-living crisis, will be reinstated on a phased basis. Petrol will increase by 6 cent a litre and diesel by 5 cent from Thursday. The Consumers Association of Ireland said the move will have both a direct and knock-on effect on consumers, making transport and goods more expensive. "And the consumer is going to have their goods increase (in price) so whoever is transporting it can cover the costs.

Source: Irish Independent May 31, 2023 09:10 UTC