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Cost of first class stamp3/30/2023 ![]() The United States Postal Service has raised the price of first-class mail since the beginning of the year to make up for a $2 billion budget gap. USPS rates will rise by 15% in response to a budget deficit that could total $2 billion. Since the beginning of the year, the USPS has raised postage rates to make up for a $2 billion budget deficit. The USPS is struggling to meet its financial obligations as health care, pension liabilities, and other expenses rise. As a result of a $2 billion budget hole, the USPS is raising its shipping rates. First-class Forever stamps are now 60 cents, a 5% increase over the previous price of 58 cents. The cost of mailing first- class postcards, international letters, and first-class mail in the United States increased in July. However, there is one exception to the rule: Christmas stamps are not required to be replaced. You can swap out any non-barcoded stamp for a bar code by completing an online form (available in the new tab). Royal Mail’s new barcoded stamps, which are purple and green, are available in stores. Stamps that do not have barcodes will no longer be valid on July 31, 2023. In the United States, the Royal Mail First Class mail service strives to deliver your letter the next day, including Saturdays. The number of addresses they must deliver to has increased by 3.5 million since the start of the decade. Letter carriers and women deliver approximately seven billion letters each year, a drop of 20 billion since 1997. According to Royal Mail, letters sent by British citizens have dropped by 60% since 2004. Prices have risen in recent years as a result of inflation and a decrease in the number of people writing letters. This month also saw the first-class stamp issue and the large letter stamp issue. On April 4, 2022, the price of a First Class stamp increased by 10p to 95p. This is likely to increase in 2022, but the amount has not yet been announced. As of January 2021, a first class stamp in the UK costs £0.85. ![]()
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