The Postal Regulatory Commission must approve the recommended price changes. The increases would not go into effect until January 2, 2011. It will have been two years since the last First-Class price increase.
The price of a postcard would increase to 30 cents. Periodicals would receive an 8 percent increase. Recommended increase for catalogs is 5.1 percent. Standard Mail parcels would increase about 23 percent.
The reason for the request is a projected deficit of nearly $7 billion next year.
|2010 Holiday Forever Stamps|
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And take a listen to a special edition of Your Postal Podcast, where you will hear an interview with Maura Robinson, Vice President of Pricing and Classification.