Postage stamp price to increase 3 cents this weekendThe price of a first-class postage stamp will go up this weekend.
By: News Tribune staff, Duluth News Tribune
The price of a first-class postage stamp will go up this weekend.
The price of first-class “Forever” stamps will increase from 46 cents to 49 cents starting Sunday, said Rich Hibbard, supervisor of the Mount Royal post office.
That’s for letters up to an ounce; the price of each additional ounce will increase one cent, to 21 cents. Postcard stamps also will increase a penny, to 34 cents.
The rate increase was approved by postal regulators last month. It’s supposed to last no more than two years, to allow the U.S. Postal Service to make up financial losses stemming from a reduction in mail volume.
This year marks the third consecutive January in which first-class postage prices have gone up. In 2012, those stamps went from 44 cents — a price they held since 2009 — to 45 cents. In 2013, they increased to 46 cents. This year is the 26th time postage has gone up since 1885, according the USPS website.