The U.S. Postal Service is hiking stamp prices another 4.8% to "offset the rise in inflation."
The cost of a postage stamp went up by 3 cents on Sunday, marking the third increase in the price of stamps over the past 12 months by the U.S. Postal Service.
The... The cost of a postage stamp went up by 3 cents on Sunday, marking the third increase in the price of stamps over the past 12 months by the U.S. Postal Service. The U.S. Postal Service said the 4.8% increase in price was necessary to “offset the rise in inflation.” The post office also raised the price of mailing domestic postcards, international postcards and international letters.From the 1970s to 2000, the price of stamps went up about three to four times per decade, according to postal service data. But hikes have been coming more frequently over the past couple of decades: Stamp prices increased six times in the 2000s and seven times in the 2010s.
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