USPS Postage Rates Set to Increase in July 2023
The Postal Regulatory Commission (PRC) has approved the USPS increases to postage rates. The rates will go into effect starting on July 9, 2023. Pricing increases mainly Market Dominant products. (Market Dominant products includes First Class Mail, Marketing Mail, Periodicals Mail, and Packing Services Mail). First Class postage rates would be raised by approximately 5 percent.
|Product||Current Prices||Approved Prices|
|Letters (1 oz.)||63 cents||66 cents|
|Letters (metered 1 oz.)||57 cents||60 cents|
|Domestic Postcards||48 cents||51 cents|
|International Letter (1 oz.) and Postcards||$1.40 cents||$1.50 cents|
For our customers, most postage rates will fall under Marketing Mail, which includes Marketing Mail Nonprofit. Customers will notice an approximate increase of 5.2 percent increase in these rates.
A complete listing of all postal changes can be found here. Please contact your representative at JHL to learn more about how these rate changes will affect your planned projects.
Please note: The last postage rate increased occurred in January 2023. Future postage rate increases may happen twice a year with assumptions that another increase will occur in January of 2024. As you are preparing or reviewing your annual postage budgets, be aware that another increase may take place during your budget cycle.