Stamps to increase to 60 cents

Jul. 8—WASHINGTON, Dc. — The United States Postal Service filed notice with the Postal Regulatory Commission (PRC) of price changes to take effect July 10. The new prices include a two-cent increase in the price of a First-Class Mail Forever stamp from 58 cents to 60 cents.

The prices, approved by the Governors of the U.S. Postal Service, raise First-Class Mail prices approximately 6.5% which is lower than the Bureau of Labor Statistics annual inflation rate of 7.9% as of the end of February. The price changes reflect a judicious implementation of the Postal Service's pricing authority provided by the Postal Regulatory Commission. The single-piece letter additional ounce price increase to 24 cents, the metered mail 1-ounce price increase to 57 cents and the price of a postcard stamp increase to 44 cents.

A one-ounce letter mailed to other countries increase to $1.40 cents.