Over 60% of adults in Ireland say they must make cuts to cover rising fuel costs

Over 60% of adults in Ireland say they must make cuts to cover rising fuel costs

Just over three in five adults in Ireland have said they will need to make cuts in a bid to cover rising fuel costs, according to a new survey.

Market research agency iReach said 61% of its survey respondents spoke of a need to reduce their spending as the cost of heating and motor fuel is on the rise.

According to the agency, the average weekly cost of motor fuel in 2021 for Irish adults was €38. Since then, however, 87% have noticed an increase in this area, as the average weekly fuel cost has increased by €14.71.

Out of the people surveyed, 85% had a car or cars in their household and petrol was the most popular type of car motor fuel (50%), followed by diesel (42%).

Meanwhile, 6% of respondents said they use a hybrid while 3% said they use an electric car.

Meanwhile, the average monthly heating fuel cost for Irish adults in 2021 was €132. However, 71% of respondents to iReach’s survey said they received notice of an increase in the price of their heating fuel, averaging at a 15% rise.

The average cost per month for electricity last year was €129, but 79% of those surveyed received a notification of a rise in this cost, which averages a 16.5% increase.