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Postal Service Announces 2017 Mailing Services Prices

Tuesday, October 18, 2016

Press release from the issuing company

First increase in three years for First-Class Mail Forever Stamps

Regulatory Commission (PRC) of price changes for Mailing Services products to take effect next year, following the end of the holiday mailing season. The new prices, if approved, include a two cent increase in the price of a First-Class Mail Forever stamp, returning the price to 49 cents, the price of a Forever stamp before the Postal Service was forced to reduce prices by the PRC as part of the exigent surcharge removal.

The last time stamp prices increased was in January 2014. Today’s price change filing does not include any price change for Postcards, for letters being mailed to international destinations or for additional ounces for letters.

The First-Class Mail prices for these products are:  

  Current     New
Letters (1 oz.)    47 cents  49 cents
Letters additional ounces      21 cents   21 cents
Letters to all international destinations   $1.15     $1.15
Postcards    34 cents 34 cents

Stamp prices have stayed consistent with the average annual rate of inflation since the Postal Service was formed in 1971.

Pricing for Standard Mail, Periodicals, Package Services and Extra Services will also be adjusted next year and can be found at www.prc.gov. The PRC will review the prices before they are scheduled to become effective on Jan. 22, 2017. Today’s filing does not affect Postal Service Shipping products and services.

The Postal Service receives no tax dollars for operating expenses and relies on the sale of postage, products and services to fund its operations.

 

Discussion

By Joe Webb on Oct 18, 2016

The last line of the release has very carefully chosen words. The transcript of a Brookings Institution event lays out a very different picture starting on page 9 https://www.brookings.edu/wp-content/uploads/2015/03/20150325_USPS_Transcript.pdf
There are exemptions and subsides that the USPS receives that are conveniently excluded in the statement. The full Brookings event can be seen at https://www.brookings.edu/events/the-future-of-the-united-states-postal-service/

 

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