Irish motorists are breathing a sigh of relief at the pumps – as it was revealed today that diesel prices here have fallen to their lowest level since the start of the war in Ukraine. Petrol prices have also dropped sharply, bringing petrol down to its lowest price not seen since September 2021.
The latest AA Ireland fuel survey shows that diesel prices have fallen by 22 per cent in the last month, a drop of 11 per cent – while petrol prices are down almost 10 per cent in the last month, with a drop of 17 per cent recorded in pump prices.
The AA Ireland survey published today (Wednesday 14 December) showed that the average price of fuel decreased by around 10 per cent across the country in December, with the insurance agency welcoming the fact diesel prices are at their lowest average price since the outbreak of the war in Ukraine.
The survey revealed that the average price of a litre of petrol at the pumps is now €1.60/L, a 17c or 9.8% drop since November, and the lowest average price for petrol since September last year.
Meanwhile, the average price for a litre of diesel is now €1.74/L, representing a decrease of 22c/L or 11.3% compared to just one month ago.
The fuel survey revealed that this is the lowest price recorded in Ireland for topping up diesel at the pumps since February 2022, the same month war broke out in Ukraine.
Commenting on the survey, head of communications at AA Ireland, Paddy Comyn, said the roll-back in fuel prices would give some much-needed respite to Irish motorists as Christmas approaches.
“These latest price reductions come at a good time for motorists, hauliers and commercial operators alike,” he said. He did note that uncertainty remains regarding how long we can expect to see price reductions at the pumps, adding:
“There is no firm indication on how long these prices will last, but for now, they give consumers some slight respite against ever-increasing prices”.
It comes as Irish charities continue to work to try and alleviate widespread hardship with the increased cost of living afflicting Irish families, especially as the festive season gets underway.
St. Vincent de Paul recently said it was preparing for its “toughest Christmas in decades” in Ireland, adding that its South-West branch has reported a large increase in the number of calls for help from local people in counties Cork and Kerry.