The Gov put 4c on a litre yet , remarkably, the price per litre goes up by 10c.Possibly but the Government get nearly 75% of the price of a litre.
They might put 4cent duty on a litre. Then the garage adds its mark up. Then as far as I`m aware another 21% vat is added.
What costs are reducing to business ?
The main cause of increasing wages over the last 10 years has been the cost of housing. When people doing ordinary jobs needed to fund a 400,000 mortgage (and upwards), they needed MUCH higher wages to do so.the state controls the main blockages to competitiveness
2 energy costs
4 prices set for cities i.e taxi fares
5 minimum wage need to be renegotiated
A lot of the reason prices are so high are because the wealthy business owners diverted all their profits into speculation on the property market during the bubble instead of setting some of their supernormal profits aside as reserves (and they were definitely supernormal profits for much of the 'celtic tiger' era)Labour costs are reducing.
Electricity costs have come down over the past two years. They might have gone up again last year but if you look over the past three years they have reduced.
Rent is stubbornly high but it has been re-negiogated in some areas
Insurance is high but this is a part of the thievery nature of Irish business.
If we were to be brutally honest, the real attacks on costs have focussed on wages becasue of some idiotic and stupid belief that Ireland will follow the norm. ie if you reduce what people can pay the the price will fall. Preserving margins and profits is the holy mantra of Irish business. And the consumer can suffer.