A Word on Inflation — A Look at Irish Fuel Prices

  • Cost Price/Liter = €0.48 (28%)
  • Tax and Additional Cost/Liter = €1.24 (72%)
  • Price at Pump/Liter = €1.72 (100%)
  • VAT 23% of €1.24 = €0.29
  • NORA Flat Rate of €1.24 = €0.02 which is 1.6%
  • Excise/Carbon of €1.24 = €0.90 which is 73%
  • Additional cost for Service Station profit of €1.24 estimated at 2.5% = €0.03
  • Cost price of fuel being €0.48 = 28%
  • VAT being €0.29 = 17%
  • NORA Flat rate of €0.02 = 1%
  • Excise and Carbon being €0.90 = 52%
  • Service Station Profit being €0.03 = 2%

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