Stamp Prices Remain Constant Despite Price Increases
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The Sacramento Bee headlines, "Peel It and Weep."
In an Associated Press report, Randolph E. Schmid pens, "It's the third year in a row that rates have gone up in May under a new system that allows annual increases as long as they don't exceed the rate of inflation for the year before. "
However, as shown in the above chart, stamp prices for the past 30 years have remained fairly constant (when adjusted for inflation) despite numerous price increases.
Other changes taking effect today:
-The postcard stamp increases by a penny to 28 cents.
-The first ounce of a large envelope increases 5 cents to 88 cents.
- The first ounce of a parcel increases 5 cents to $1.22.
-New international postcard and letter prices are, for one ounce, 75 cents to Canada; 79 cents to Mexico; and 98 cents elsewhere.
To read the entire article, click here.
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