Wednesday, February 11, 2009

Stamp prices to go up in May


U.S. Postal Service carrier Ron Comly
carries parcel packages to a home while
delivering mail along his postal route December 17, 2003 in
Philadelphia, Pennsylvania.
(Thomas Cain, Getty Images)
WASHINGTON (AP) - The post office will be getting an extra two-cents worth when you mail a letter starting in May. The Postal Service announced Tuesday that the price of a first-class stamp will rise to 44 cents on May 11. That gives plenty of time to stock up on Forever Stamps, which will continue to sell at the current 42-cent rate until the increase occurs. They will remain valid in the future regardless of rate hikes. Postage rates go up annually in May, with the new prices announced in February. The overall change is tied to the rate of inflation in the year before. While the new 44-cent rate covers the first ounce of first-class mail, the price for each additional ounce will remain unchanged at 17-cents. -

6 comments:

  1. I know......every time we turn around the price of something increases doesn't it?
    Well, on the glass half full theory....it's still the cheapest way to send letters and posts.

    I'm trying to see the upside of all this recent inflation, but it's really hard. Thanks for such an informative post and have a great day.

    Steady On
    Reggie Girl

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  2. So sad that our expenses keep increasing but income does not. Pretty soon nobody will send things through the US mail. Might as well hand deliver.

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  3. Yep, absolutely everything is going up and up and up. I'll be so happy when things start to turn around.

    Have a terrific day honey. Big hug. :)

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  4. Thanks for the heads up on this. I'll need to stock up for sure.

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