If the price hike goes through, the single-piece letter additional ounce price would increase to 24 cents, the metered mail one-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.
Forever stamps can be used to mail a one-ounce letter regardless of when the stamps are purchased or used and no matter how prices may change in the future. Struggling with diminishing mail volumes despite having to deliver to a growing number of addresses, USPS has reported net losses of more than $90 billion since 2007. In February, it booked a quarterly net loss of $1.5 billion.Register now for FREE unlimited access to Reuters.comSustainable Switch
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