United States Postal Service makes surprise announcement about stamp prices

The U.S. Postal Service announced a remarkable change to the price of postage stamps on Friday Sept. 20, 2024.

According to the press release , the price of a stamp will not increase in January 2025 as part of their operational strategies, which includes cost efficiency.

This change that was accepted by the Governors of the United States Postal Service.

“Our strategies are working and projected inflation is declining,” said Postmaster General Louis DeJoy, who also receommedend the change. “Therefore, we will wait until at least July before proposing any increases for market dominant services.”

A recent price increase for stamps was implemented in July 2024. Here are the current costs:

• Letters (1 oz.) costs 73 cents
• Letters (metered 1 oz.) costs 69 cents
• Domestic Postcards costs 56 cents
• International Postcards costs $1.65
• International Letter (1 oz.) costs $1.65

The Postal Service remains committed to continued cost saving measures and to keeping its products and services affordable the report stated.

This article originally appeared on Asbury Park Press: United States Postal Service makes surprise announcement about stamp prices