The next time you mail through the United States Postal Service (USPS), it’s going to cost you extra.
The USPS’ rate hike, upping First-Class Mail prices by 6.5%, took effect Sunday, according to the agency. When the USPS made its announcement in April it noted that the 6.5% increase would still be below inflation, which is sitting at a rate of 8.6%.
However, this likely won’t be the last increase from the USPS.
In May, Postmaster General Louis DeJoy said Americans should get used to “uncomfortable” postage rate increases in coming years as the U.S. Postal Service seeks to become self-sufficient.
Read more at Foxnews.com
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