The price increases could range from as low as 25 cents to as high as $6.50
There are three factors that could lead to inflation which include demand-pull inflation, cost-push inflation and built-in inflation.Yes, it’s still summer, but it’s very important that you plan for the shipping price hikes that are going to pinch your wallet this upcoming holiday season. for customers that they should expect a temporary price hike to "offset" costs during the peak of the holiday shipping season this year.
Heavy packages can cost up to an additional $6.50 and commercial priority mail will cost at least 75 cents more, according to the notice. "This seasonal adjustment will bring prices for the Postal Service’s commercial and retail customers in line with competitive practices," the postal service said in a statement. "No structural changes are planned as part of this limited pricing initiative."
The latest move, which is part of the agency's 10-year Delivering for America plan to achieve financial sustainability and service excellence, comes after USPSThe Postal Service notes that it generally receives no tax dollars for operating expenses and relies on the sale of postage, products and services to fund its operations.cooling slightly but still near the highest level in 40 years.Board of Governors that the USPS is expecting to lose up to $70 billion over the next 10 years.
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