As a percentage, the 10-percent increase is the largest since 1991, and it is about four times the average increase since 2006.
“A five-cent increase in the price of a Forever stamp will be the largest increase in history for the one postage price that most Americans pay. In his petition, Carlson stated, in part: He holds a law degree from the University of California, Berkeley, and lives in San Francisco.” He also has faced off with the Postal Service in federal court numerous times in Freedom of Information Act cases. “… is a self-professed postal ‘watchdog’ who has filed numerous comments and formal complaints with the PRC, advocating in the interest of the general public for better postal rates and services. 4875 that relates to an increase in the price for single-piece, oneounce, stamped, First-Class letters from 50 cents to 55 cents.”Īs later described by Save the Post Office when it reported on the suit in a January 27 article, Carlson With little apparent publicity in the postal media at the time, Douglas Carlson filed a petition last December 11, asking the US Court of Appeals for the DC Circuit “for review of the portion of Postal Regulatory Commission (PRC) Order No. The price of a stamp went from $0.50 to $0.55 last month but a challenge to that increase continues. They will be filing the necessary paperwork for review each preceding October and April, which means the next increase could be January 2023, taking the cost of stamps to 62 cents, then 64 cents in July 2023.Excerpted from the Februedition of Mailers Hub News announced the proposed increase in January, saying that in each subsequent year, they plan to implement price changes in January and July. The Postal Service is also seeking price adjustments for special services products like Certified Mail, Post Office Box rental fees and Money Order fees, but they have not revealed the exact prices they’re looking at. If you often send mail to other countries, you’ll see a one-ounce letter mailed out of the U.S. If the increase takes effect, the single-piece letter additional ounce price would increase to 24 cents, the metered mail 1-ounce price would increase to 57 cents and the price of a postcard stamp would increase to 44 cents. If the latest increase is approved, that will mark a 9% increase in less than a year. However, the cost of stamps also increased last year, in August, from 55 cents to 58 cents.
The increase would raise First-Class Mail prices approximately 6.5%, which USPS points out is lower than the annual inflation rate of 7.9%, which is the highest single-year jump since 1982. The increase, if approved, would take the current price of stamps from 58 cents to 60 cents this summer. The USPS filed a notice with the Postal Regulatory Commission proposing the change, but it has not yet been reviewed. Postal Service is looking to increase the price of stamps by 2 cents every six months beginning July 10, 2022. If you haven’t purchased some Forever stamps in a while, you might want to stock up.