Fuel prices stabilise following excise duty increases

On September 1, fuel prices will increase by 7 cents for petrol and 5 cents for diesel. The Government will fully restore the rates on October 31, with a final increase of 8 cents for petrol and 6 cents for diesel.

The average price for a litre of petrol or diesel was unchanged in July compared to last month, but further increases could be on the horizon as oil prices edge higher.

Petrol prices this month stayed at €1.65 while diesel prices went up fractionally by 2 cents to €1.55.