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Respite for motorists as fuel prices drops by 10.5% on average. Respite for motorists as fuel prices drops by 10.5% on average.

AA Monthly Fuel Index

Respite for motorists as fuel prices drops by 10.5% on average.

Published 14th December 2022Read Time 3 min

  • Diesel prices dropped 11.3% compared to November 2022 (-22 cents per litre)
  • Petrol prices drop 9.8% compared to November 2022 (-17 cents per litre)
  • Diesel at the lowest average price since the outbreak of the war in Ukraine
  • Petrol at the lowest average price since September 2021

According to the latest AA Ireland Fuel Survey, the average fuel price has dropped by more than 10% across the state, offering some respite for motorists as they head into the festive season.

The average price of a litre of petrol is now €1.60 per litre, a 17 cents (-9.8%) drop since last month and the lowest average price for petrol since September 2021.

Petrol pump filling nozzles. Fuel at gas station close up
Petrol pump filling nozzles. Fuel at gas station close up | Photographer: simpson33

The average price for a litre of diesel is now €1.74. Diesel prices had been steadily increasing and are now also down significantly, with a drop of 22 cents per litre or 11.3% compared to November and the lowest price recorded in Ireland for diesel since February of this year, the same month that the war began in Ukraine (February 20th).

“These latest price reductions come at a good time for motorists, hauliers and commercial operators alike. 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,” said AA Ireland’s Head of Communications, Paddy Comyn.

AA Ireland Members can avail of 3 cents off a litre from Circle K via the AA Ireland App.

*AA calculates a diesel car will travel, on average, around 850km on a tank vs 700km in petrol, which is why even though diesel is more expensive, the consumer is still likely to use less of it for the same average 17,000km per year.

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