On Air Now

Kildare Today - Repeat

10:00pm - Midnight

  • 045 901490
  • 0833 979797

Now Playing

Damian Davis

Donegal Katie

International Wholesale Prices Are "Not Price Gouging", Says CCPC

Since March 2nd, the CCPC said it has received over 900 complaints

Recent increases in fuel prices are a result of "significant increases in international wholesale costs" and not price gouging, according to an analysis from the Competition and Consumer Protection Commission (CCPC).

The report from the consumer watchdog was prompted by calls from the the public regarding high-fuel prices and price gouging.

Despite temporary Government excise cuts (of 20 cent a litre on diesel, and 15 cent a litre on petrol), the price of diesel has increased from €1.70 a litre to €2.17 on many fuel outlets.

Since 2 March, the CCPC said it has received over 900 complaints, with fewer than 5% reporting specific consumer-protection issues.

 

More from Local News

Stay tuned to Kfm!

Get the Kfm Apps for you phone, tablet or smart speaker...

Kfm Kildare Weather

  • Wed

    Thundery shower

    13°C

  • Thu

    Thundery shower

    12°C

  • Fri

    Light rain

    13°C

  • Sat

    Light rain

    12°C

  • Sun

    Heavy Rain

    13°C