Monday, May 11, 2009

Stamp Prices Remain Constant Despite Price Increases

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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posted by Don Schilling at 12:01 AM