USPS Proposes Rate Increases for Next January

Except in extraordinary circumstances, postage price increases are capped at the rate of inflation as measured by the CPI-U. The Postal Service is filing a price increase above CPI-U due to extraordinary and exceptional circumstances which have contributed to continued financial losses. The PRC will review the prices before they become effective Jan. 26, 2014, and must agree the prices are consistent with applicable law.