Cost of motoring fell in the past year

The cost of motoring has fallen in the last year, according to new figures from the Central Statistics Office.

Drivers benefited from a drop in fuel prices last month of 3.3 per cent for diesel and 2.5 per cent for petrol, the cost of filling up is now more than five per cent lower than it was a year ago. The cost of car insurance fell by 7.6 per cent in the past year.

The average price of petrol and diesel both fell slightly at the pumps in the last month, according to the latest survey of prices from AA Ireland.

Petrol now costs an average of €157.4 cent per litre, down 0.7 cent since May. Diesel prices also fell by less than a cent and the national average price is now €148.0.

Petrol cost €1.62 in April and was as high as €1.70 last September, but has fallen back gradually since then.

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