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November 20, 2022 at 10:31 AM. ... USPS also says that the 4.2% increase for First-Class Mail will help offset inflation. The Bureau of Labor Statistics (BLS) released its Consumer Price Index ...
This follows an increase in January 2024 and marks the sixth increase since January 2021. Despite these ongoing price hikes, the United States maintains relatively inexpensive postage compared to other developed countries. A 2024 study by the USPS Inspector General found that the U.S. had a lower stamp price than 26 out of 30 comparable countries.
USPS gave a sneak peek at other stamps coming next year. (Scripps News)
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Back in July, the price of a first-class stamp jumped from from 68 cents to 73 cents, marking the largest increase since 2019. The USPS has steadily raised postal rates in recent years, with stamp ...
President Joe Biden signs the Postal Service Reform Act in the State Dining Room of the White House on April 6, 2022. The act was first introduced on May 11, 2021, by Representative Carolyn Maloney (D-NY). [1] The House of Representatives then passed the bill by 342–92 on February 8, 2022. [4] On March 8, 2022, the Senate voted 79–19 to ...
The price increase is expected to start this month. There will not be a price increase for Post Office Box rental fees. The cost of postal insurance when mailing items will go down 10%.