Forever stamp not included in proposed postal hike
The U.S. Post Office plans to increase some rates by nearly two percent next year.
The United States Postal Service filed a notice with the Postal Regulatory Commission of price hikes amounting to 1.9 percent that would take effect Jan. 26, 2020.
If approved by the PRC, the new prices will include no increase in the price of a First-Class Mail Forever stamp, which would remain at 55 cents. The single-piece letter additional ounce price would remain at 15 cents. Also unchanged would be the prices of postcard stamps at 35 cents, and 1-ounce flats at $1.
Shipping Services price increases vary by product. For example, Priority Mail Express would increase 3.5 percent and Priority Mail would increase 4.1 percent, on average.
Although Mailing Services price increases are based on the Consumer Price Index, the postal service says its shipping service prices are primarily adjusted according to market conditions. Postal Service Governors say the new rates will keep the Postal Service competitive while providing the agency with needed revenue.
The proposed Mailing Services price changes include:
The PRC will review the prices before they are scheduled to take effect Jan. 26, 2020.