U.S. Postal Service announces price increases

WASHINGTON, D.C. | The United States Postal Service (U.S.P.S) is apparently the latest passenger to board the Inflation Train, with its iconic Forever Stamp slated to jump from 60 cents to 63 cents Jan. 22. When that stamp launched in 2007, it cost a mere 41 cents. In October, the agency announced that it had filed notice with the Postal Regulatory Commission (PRC) of price changes to take effect Jan. 22. If favorably reviewed by the Commission, the proposed increases will raise First-Class Mail prices approximately 4.2 percent. The price changes have already been approved by the Governors of the U.S. Postal Service. While the price for 1-ounce metered mail and domestic and international postcards are included in this increase, there will be no change to the single-piece letter and flat additional-ounce price, which remains at 24 cents. However, the U.S.P.S. is asking the Commission for approval of price adjustments for Special Services products, including Certified Mail, Post Office Box rental fees, money order fees, and the cost of purchased insurance for mailed items. PROPOSED MAILING SERVICES PRICES Letters, 1 oz.: 60 cents to 63 cents Letters, 1 oz. metered: 57 cents to 60 cents Domestic Postcards: 44 cents to 48 cents International Postcards: $1.40 to $1.45 International Letter, 1 oz.: $1.40 to $1.45 The complete Postal Service price filing, with prices for all products, can be found on the PRC website under the Daily Listings section at prc.gov/dockets/daily. The Mailing Services filing is Docket No. R2023-1. The price tables are also available on the Postal Service's Postal Explorer website at pe.usps.com/PriceChange.

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U.S. Postal Service announces price increases

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