Consumers will be hit with a number of cost increases from next Monday.
From midnight on April 1, the cost of petrol, diesel and marked fuel oil (green diesel) will rise.
It is the latest step by the government to restore excise rates to the levels they were at before a temporary cut was introduced two years ago.
Filling up at the pumps on Monday will cost an extra €0.04 cent per litre of petrol, 3 cent per litre of diesel and 1.5 cent on marked gas oil.
In March 2022, as fuel prices soared after the outbreak of war in Ukraine, then Minister for Finance Paschal Donohoe announced a steep reduction in excise.
The temporary cut immediately saved motorists 20 cent per litre of petrol and 15 cent on diesel. The reduction has been gradually unwound in the period since.
Monday’s increase will be the second last step, with one final increase to come in August.
Since March last year, fuel prices have seesawed, and just when they are trending down again, the excise increase has fallen due.
Despite criticism of the move from opposition politicians and consumer groups in recent days, government ministers signalled there would be no change to the planned excise restoration.
From Monday also, many consumers will see the cost of their broadband, mobile and television services increase substantially.
Eir, Vodafone, Sky Ireland and Three will all be increasing monthly prices on their plans, ranging from €2 to €8 depending on which provider and which plan is used. There will be increases coming later in the year for Virgin Media services too.
For full report, see www.rte.ie
