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Stamp price to increase in January

Special to SEGAZINE

The price to mail a first-class letter and most other mail will rise by 3 cents on January 26, the largest rate hike in 11 years, the commission that oversees the U.S. Postal Service announced Tuesday.

The cost for a first-class stamp will increase to 49 cents for two years, giving the financially struggling agency a temporary infusion of extra revenue intended to help it recoup losses suffered during the economic downturn between 2008 and 2011, reports The Washington Post.

via Stamp price to increase in January – Atlanta Business Chronicle.

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