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Stamps to go up a Penny Jan. 27

By: Associated Press
Posted: Sun 9:05 AM, Jan 27, 2013

WASHINGTON (AP) -- The cost of mailing a first-class letter will go up by a penny.

The price of a postcard will increase from 32 cents to 33 cents, while a new global "forever" stamp will allow customers to mail letters anywhere in the world for one set price of $1.10. Currently, the prices for international letters vary.

Other price increases:

—Postcards will go up one penny to 33 cents.

—Priority mail, small box, $5.80; medium box, $12.35; large box, $16.85.

—Priority mail, regular envelope, $5.60; legal envelope, $5.75; padded envelope, $5.95.

—Delivery confirmation will be free on packages, including priority mail and parcel post, rather than being an extra charge.

The prices go into effect Jan. 27.

The U.S. Postal Service, which posted a record annual loss of $15.9 billion, proposed the rate increase last month.

The rate increase is tied to the rate of overall inflation. It will make only a small dent in the mail agency's financial losses.


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