Postal Service eyes 5 stamp price changes by end of 2027

Published On Sep 26, 2024, 11:53 AM

The U.S. Postal Service plans to increase stamp prices five times by the end of 2027. The first expected hike will occur in July 2025, affecting rates for all market-dominant classes, which include First-Class mail. The most recent rise took place in January 2024, when prices for Forever stamps went from 66 to 68 cents. USPS aims to use its pricing authority judiciously to achieve financial self-sufficiency and improve service reliability according to its 'Delivering for America' plan.

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As USPS continues to increase mail rates, it might indicate higher costs for consumers and businesses that rely on mail services. This could lead to reductions in mail volume or shifts towards digital alternatives. However, for the USPS itself, the planned price increases could strengthen its financial condition if it results in better revenue to offset costs. The overall impact is thus mixed—while it aids USPS financials, it could hurt associated business sectors.

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