Looks like it is time to stock up on “Forever Stamps”, at least the postal increase will be implemented after the holiday season. On January 27, 2013 postal rates will go up again for first-class mail, catalogs, and other mail.
The U.S. Postal Service continues to generate losses in an attempt to stem the flow of red ink. The planned increase will not cover the projected expenses. Postal officials fear that steeper hikes would bring a sharp drop in volume.
Planned changes:
Catalogs, circulars, magazines and packages will rise at least 2.5%.
Priority Mail (two-day delivery) is going up 6.3%
Express Mail (overnight and holiday delivery) will increase 5.8%
First-class stamp will increase to 46¢
Each additional ounce of mail will remain unchanged at 20¢.