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Since Aug. 2021, the price of the Forever stamp has continued to climb twice a year, reaching 68 cents in January. According to Federal News Network, USPS is planning to ask the Postal Regulatory Commission for a According to the report, market-dominant revenue fell $1.8 billion short of what the USPS anticipated for 2023. This revenue includes products the USPS has a monopoly on .The rationale for the price hikes doesn't fully take customers' price sensitivity into account, relies too much on historical data, and is"based on flawed economic forecasting," afrom Keep It Posted claims.
But while the USPS is continuing to evaluate pricing, the new report asserts that the recent decline in revenue indicates"a potential issue with the model used to defend rate increases."
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