US Postal Service raising stamp prices SundayBy Breck Dumas, Fox Business
July 8, 2023
Anyone who needs stamps might want to head out and grab them before the United States Postal Service’s latest price hikes go into effect this weekend.
The cost of a “forever” stamp for first-class mail is rising from 63 to 66 cents Sunday as part of increased mailing prices approved by the Postal Regulatory Commission earlier this year at the request of the USPS.
The USPS said it needed more money in part due to high inflation.
“As operating expenses fueled by inflation continue to rise and the effects of a previously defective pricing model are still being felt, these price adjustments are needed to provide the Postal Service with much needed revenue to achieve the financial stability sought by its Delivering for America 10-year plan,” the USPS said in a press release in April.
The price for sending a metered letter will rise from 60 to 63 cents under the price changes, and sending postcards will set customers back a little more, too.
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Source:
https://nypost.com/2023/07/08/us-postal-service-to-increase-stamp-price-on-sunday/
