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U.S. Post Office Hikes Prices Of Stamps, Other Services

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(KDKA) – The U.S. Postal Service raised the price of stamps and other services prior to this weekend.

The price of a first-class stamp is now 55 cents. The nickel increase is the largest percentage hike since 1991 when postage increased from 25 to 29 cents.

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Photo Credit: KDKA

The reason for the hike?

The Postal Service lost nearly $4 Billion in 2018 following less volume and higher pension and health care costs.

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