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United States Postal Service issues letter shipping price increases
WASHINGTON, DC — Wednesday the United States Postal Service filed notice with the Postal Regulatory Commission (PRC) of price changes to take effect July 10, 2022. The new prices, if favorably reviewed, include a two-cent increase in the price of a First-Class Mail Forever stamp from 58 cents to 60 cents.
The proposed prices, approved by the Governors of the U.S. Postal Service, would raise First-Class Mail prices approximately 6.5 percent which is lower than the Bureau of Labor Statistics annual inflation rate of 7.9 percent as of the end of February. The price changes reflect a judicious implementation of the Postal Service’s pricing authority provided by the Postal Regulatory Commission.
If favorably reviewed by the PRC, the single-piece letter additional ounce price would increase to 24 cents, the metered mail 1-ounce price would increase to 57 cents and the price of a postcard stamp would increase to 44 cents. A one-ounce letter mailed to other countries would increase to $1.40 cents. The Postal Service is also seeking price adjustments for Special Services products including Certified Mail, Post Office Box rental fees, Money Order fees and the cost to purchase insurance when mailing an item.
The proposed Mailing Services price changes include:
Letters (1 oz.)
58 cents to 60 cents
Letters (metered 1 oz.)
53 cents to 57 cents
Letters additional ounce(s)
20 cents to 24 cents
Domestic Postcards
40 cents to 44 cents
International Letter (1 oz.)
$1.30 to $1.40
The PRC will review the prices before they are scheduled to take effect.
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