So why is the price of stamps increasing now? Linn’s Stamp News points out that many of these are services in which the USPS holds a monopoly. The services that will be affected by these twice-a-year price hikes include first-class mail, marketing (advertising) mail, periodicals, package services, and special services. Which classes of mail will see the biggest postage increase?
#Usps postage stamps full#
It’s also warning its members, “We assume USPS will use the full pricing authority it has at any moment.” 😬 An industry watchdog called The Alliance of Nonprofit Mailers declared this filing “a death spiral accelerator” for the USPS. If you think that statement sounds somewhat ominous, you’re not alone. It “intends to be judicious in the use of available pricing authority, but anticipates the prospect that, given our current financial condition, the price change for each market-dominant class may be required to apply most or all pricing authority available on the date of filing.” The USPS said the following about the Postage Increase:
😱 Yes, gear up for this postage stamp increase happening over the summer. See this press release for more information.īeyond that, the USPS has announced plans to raise the price of postage twice a year, every year continuing with another increase in January of 2023. In addition, USPS is proposing to increase the cost of metered letters, postcards, and international mail as detailed below. The United States Postal Service is planning to increase the price of Forever Stamps from their current cost of 58¢ to 60¢ effective on July 10th, 2022. The price of a stamp is going up and will continue to go up every year.
The price of stamps will increase incrementally and continually.
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