Prices at the pumps rise as excise duty increase takes effectMuireann DuffyThe price of diesel and petrol increased overnight as measures cutting excise duty lapsed at midnight. Thursday marks the first of a series of incremental increases aimed at returning excise duty on fuel to normal levels. The Government had cut the taxation on diesel and petrol in response to surging prices following the outbreak of war in Ukraine. The change has added 6c per litre to the cost of petrol and 5c per litre for diesel. The association added it was wrong to increase costs for consumers "at a time when Government talks about the amount of revenue they have".

Source: Irish Independent June 01, 2023 13:05 UTC