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The US Postal Service said last month that it’ll raise the prices of several mailing services starting in July. Among the changes is a 5 cent increase in the price of a First Class Forever Stamp.

According to the USPS announcement, these price increases are due to continued changes in the mailing and shipping market and “these price adjustments are needed to achieve the financial stability sought by the organization’s Delivering for America 10-year plan.”

This is the most recent of several price hikes that have raised the cost of postage over the last few years.

NBC Radio News