New price for postage stamps from the US postal service has increased from 50 to 55 cents. According to the press service of the U.S. post office, on Sunday entered into force a rate increase on postage stamps first class Forever stamps.
A 10% cost increase compared to the previous price of 50 cents – the largest increase since 1991, when the rate rose to 16 percent from 23 to 29 cents, according to USA Today. But an increase of 5 cents – the biggest increase in the price of stamps in US history.
According to The Hill, in 2018, the U.S. Post office worked at a loss, and lost $3.9 billion.