Postal Ser­vice pro­pos­es fifth price increase to For­ev­er Stamps in two years

The U.S. Postal Ser­vice has pro­posed anoth­er increase to its For­ev­er Stamps, which have con­sis­tent­ly gone up in price to com­bat infla­tion.
The new­ly pro­posed price would uptick the stamp’s cost from 68 cents to 73 cents, an increase of a lit­tle less than 8%. Oth­er mail­ing items affect­ed by this increase include let­ters being sent inter­na­tion­al­ly and post­cards.
The Postal Ser­vice has argued that these price increas­es are need­ed to keep up with infla­tion while clar­i­fy­ing that these prices will be reviewed before they are com­mis­sioned.
If approved, the new prices will be imple­ment­ed start­ing July 14.

FILE – U.S. Postal Ser­vice trucks parked out­side a post office, Jan. 29, 2024, in Wheel­ing, Illi­nois. (AP Photo/Nam Y. Huh, File)

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The Postal Service’s last price increase was announced in Octo­ber and had its new prices in place by Jan. 21. In the past two years, the mail­ing com­pa­ny has raised its prices five dif­fer­ent times.
The announce­ment comes …