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Rise in stamp cost proposed

WASHINGTON, DC — The United States Postal Service filed notice with the Postal Regulatory Commission of new prices that include a two-cent increase in the price of a First-Class Mail Forever stamp from 58 cents to 60 cents.

The proposed price would raise First-Class Mail prices about 6.5%, which is lower than the Bureau of Labor Statistics annual inflation rate of 7.9% as of the end of February.

If favorably reviewed by the PRC, 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. A one-ounce letter mailed to other countries would increase to $1.40 cents. The Postal Service is also seeking price adjustments for Special Services products including Certified Mail, Post Office Box rental fees, Money Order fees and the cost to purchase insurance when mailing an item.

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