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If you've been stocking up on Forever stamps since the last price hike at the beginning of 2014, we have some bad news: those the price of first-class stamps will fall by 2¢ down to 47¢ this weekend. The original price hike for letters back in 2014 was actually a surcharge enacted to help the postal service's cash flow, and the PRC ordered that the postal service roll back that surcharge. Postal Service Reduces Postage Rates for Regular Mail. Small businesses have become conditioned to hearing about postage rates going up.
That might perhaps causing slight annoyance for consumers, but will hurt the U. The Postmaster General estimates that the price cuts for domestic and international letters will cost the USPS billion per year. But, in a move called "historic" certain postage rates are being reduced.
Added 9/5/2015: The current postage rates are listed on the USPS web site. Beginning Sunday [4/10/2016], the price of a first-class stamp drops two cents, to 47 cents.
Updated 4/5/2011: A reader by the name of Steve Elwood noted that I had the wrong postcard rate on the last line of the table.
It should be (and now it is) 29 cents, not 30 cents, according to this table.
To my great astonishment, it really was a temporary rate increase!
Postal Service chief on proposed postage rate hike: "We have little choice".