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New postal rates took effect May 11
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As of this past Monday, it now takes 44 cents to mail a letter…up two cents from what it cost last week.
This past winter the Governors of the U.S. Postal Service approved new prices for mailing services, including a two-cent increase in the price of a first-class mail stamp to 44 cents. Prices for mailing services are reviewed annually and adjusted each May. The new prices went into effect Monday, May 11.
Rising operational costs made the price adjustments necessary; the increase tracks the 2008 rate of inflation, according to the Postal Service.
“The Postal Service is not immune to rising costs which are affecting homes and businesses across America today,” said Postmaster General John Potter.
For the average household, the First-Class Mail stamp price change will represent an additional $3 over the course of the year.
For first-class mail there will be no changes in the current additional ounce price, which remains at 17 cents.
Other price changes that went into effect Monday are:
• A postcard stamp increased one cent to 28 cents.
• The first ounce of a large envelope (flat) increased five cents to 88 cents.
• The first ounce of a parcel increased five cents to $1.22.
• New first-class mail international postcard and letter (first ounce) prices include: Canada- 75 cents, Mexico- 79 cents and other countries- 98 cents.
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