The Governors believe these new rates will keep the Postal Service competitive while providing the agency with needed revenue. ![]() Although Mailing Services price increases are based on the Consumer Price Index, Shipping Services prices are primarily adjusted according to market conditions. For example, Priority Mail Express would increase 3.5 percent and Priority Mail would increase 4.1 percent, on average. Shipping Services price increases vary by product. The proposed prices, approved by the Governors of the Postal Service, would raise Mailing Services product prices approximately 1.9 percent. WASHINGTON - The United States Postal Service filed notice with the Postal Regulatory Commission (PRC) today of price changes to take effect Jan. Postal Service can continuing functioning even amid a government shutdown because it has an independent revenue stream.Image Source: USPS Link USPS has announced price changes for 2020, which do not include an increase in the price of a First-Class Mail Forever stamp, which will remain 55 cents. The reason for upping prices? The Postal Service said it has to periodically raise its rates to adjust for U.S. Priority Mail flat-rate shipping boxes will now cost five cents more, raising the price of a small box to $7.20, a medium box to $13.65 and a large box to $18.90. Postcard stamps and metered letters also got a one-cent increase, but the cost to mail a 1-ounce letter internationally is staying at $1.15. This is the second year in a row the cost of Forever stamps has gone up, jumping two cents last year from 47 cents to 49 cents. ![]() The latest USPS price hike increases the price of Forever stamps on first-class mail by one cent, bumping it up to 50 cents. The new prices on a range of the United States Postal Service's products and services starts Sunday, Jan. Prices just went up at your local post office.
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