A 5-cent price increase for the the United States Postal Service’s (USPS) “forever” stamp goes into effect Sunday, marking the largest price hike for the stamp since 1991.
The USPS originally proposed the increase from 50 to 55 cents in October, and the increase was improved in November by regulators.
The 10 percent hike is the largest since 1991, when the price of the stamp jumped 16 percent from 25 cents to 29 cents.
The 5-cent hike is also the biggest nominal price increase in history.
Also going into effect Sunday are increases to priority mail rates by 5.9 percent and priority mail express rates by 3.9 percent.
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USPS implements biggest stamp price increase in almost 30 years https://t.co/wFpUq4Q0aT pic.twitter.com/SoYUmrNCkH
— The Hill (@thehill) January 27, 2019
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