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Future First Class Rate Increases

 
 
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Valued Member

34 Posts
Posted 02/10/2019   7:32 pm  Show Profile Bookmark this topic Add Torin to your friends list Get a Link to this Message
The 5c price hike for the 1oz first class rate from 50c to 55c was pretty large compared to previous increases in the last 20 years. Given the high amount of USPS debt, is it inevitable that 5c or more per year price hikes in the 1oz first class rate will become the norm?

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Valued Member
Canada
404 Posts
Posted 02/10/2019   8:38 pm  Show Profile Bookmark this reply Add No1philatelist to your friends list  Get a Link to this Reply
Thats not too bad! That is like approx .42c Canadian. Your rate hikes will no doubt become the new norm, not unlike us up here in Canada.

We went directly from 55c to 85c a couple of years ago in Canada for same. Thats if you bought the booklet of 10. Now this year it has just gone up to $1.05 cdn for a single stamp purchase for same service or .90 if you buy booklet of 10. All because of costs they say.

And for me to send you the same letter across the border will cost me $1.17. And that is before 15% goods and services tax applied to all above rates. I would take your rate anytime, thank you.

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Edited by No1philatelist - 02/10/2019 8:40 pm
Pillar Of The Community
United States
1871 Posts
Posted 02/10/2019   10:51 pm  Show Profile Check eyeonwall's eBay Listings Bookmark this reply Add eyeonwall to your friends list  Get a Link to this Reply
No, we are not going to see 5c every year.
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Valued Member
United States
68 Posts
Posted 02/11/2019   7:40 pm  Show Profile Bookmark this reply Add jmdregs to your friends list  Get a Link to this Reply
The trouble is, the more USPS raises the first class rate, the more people will switch to on-line payments. Even though my wife considers me a dinosaur when it comes to on-line stuff, I switched all my bills to automatic payments the last year, so I figure the PO is out my $20-$30 clams/year.
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