Price in April: 42 cents
Price now: 44 cents
Percentage increase: 4.7%
The U.S. Postal Service raised the price of a first-class stamp yet again last month -- the third increase in as many years. Other items that were affected: The first ounce for a large envelope rose to 88 cents from 83 cents (any weight over that amount remains at 83 cents an ounce), and the first ounce of a parcel package is now $1.22, up from $1.17.
Those rate hikes may not be enough to cover the agency’s cash shortfall: In May, the USPS announced that it had a year-to-date net loss of $2.3 billion, compared to a $35 million loss in the year-ago period. The agency, which recently asked Congress for permission to cut its delivery days to five days a week from six, blames its financial woes on the recession and revenue lost to email.
