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Postal Service Mailing
Services Prices to Change on May 11
Annual Pricing Review
Results in 2¢ Increase in First-Class Mail Stamp
The
Governors of the U.S. Postal Service have approved new prices for mailing
services, including a 2-cent increase in the price of a First-Class Mail
stamp to 44 cents. Prices for mailing services are reviewed annually and
adjusted each May. The new prices will go into effect Monday, May 11.
Customers can continue to mail letters at today’s prices by purchasing the
Forever Stamp before May 11. Forever Stamps were developed to help consumers
ease the transition during price changes. Forever Stamps do not have a
denomination and will be honored whenever they are used with no need for
additional postage for a one-ounce letter mailing. On May 11 the price of
the Forever Stamp will be 44 cents.
The
new prices are available at
usps.com/prices. Rising
operational costs make the price adjustments necessary; the increase tracks
the 2008 rate of inflation. “The Postal Service is not immune to rising
costs which are affecting homes and businesses across America today,” said
Postmaster General John Potter. “Even with the increases, the Postal Service
continues to offer some of the lowest postage prices in the world.” For
the average household, the First-Class Mail stamp price change will
represent an additional $3 over the course of the year. When compared to
annual increases in other household expenses, such as groceries, healthcare
and utilities, the Postal Service continues to be an economical choice for
shipping and mailing during tough economic times. For First-Class Mail,
there will be no changes in the current additional ounce price, which
remains at 17 cents.
“Whether you’re a consumer or run a business, the Postal Service continues
to offer a good deal during a time when we’re all looking for ways to save,”
said Stephen M. Kearney, senior vice president for customer relations. “Our
range of shipping and mailing options and low prices make the Postal Service
the smart and easy choice.”
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