Inflation rates across the globe are due to see basic necessities reach price heights not seen in over 40 years this summer, according to experts.
Over the last few months, Irish households have been trying to cope with cost hikes across all areas of expenditure, from a jump in the price of household bills to filling the car and even doing the weekly grocery shop.
The current Russian invasion of Ukraine has resulted in surging prices of oil, and this looks likely to rise further over the coming weeks and months, which is bad news for many drivers.