Thursday, October 13, 2016

USPS Announces 2017 Price Changes

The U.S. Postal Service has announced price changes to take effect next year, following the end of the holiday mailing season.

The new prices, if approved by the Postal Regulatory Commission (PRC), include a 2-cent increase in the price of a First-Class Mail Forever stamp.
This would return the price to 49 cents, the price in effect before the Postal Service was mandated to reduce prices by the PRC as part of the exigent surcharge removal.

Stamp prices last increased in January 2014.
Prices have stayed consistent with the average annual rate of inflation since USPS was formed in 1971.

The Postal Service’s Oct. 12 filing with the PRC doesn’t include price changes for postcards, letters mailed to international destinations or additional ounces for letters.
Pricing for Standard Mail, Periodicals, Package Services and Extra Services also will be adjusted next year. The adjusted prices can be found on the PRC's site.

The PRC will review the price changes before they are scheduled to take effect Jan. 22.

The filing does doesn’t affect USPS shipping products and services.

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