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U.S. Postal Service lifts stamp price by 1 cent

Washington (Reuters)-poorer the us postal service company announced on Tuesday, in the mail cost one cent increase in began in January.
The new price, the first-class stamps 45 cents, on January 22, 2012, in two years of growth for the first time to begin dismantling the cost.
The postal service is facing a financial crisis, because mail number decreased to more people use E-mail or the private sector rivals, such as fedex and united parcel service company's service.
The postal service mail the cost of postcards to 3 cents will rise 32 cents, Canada or Mexico letter will increase 5 cents to 85 cents, and other international site of letters will increase 7 cents, to $1.05.
And this is allowed inflation to raise prices, the agency said it with the postal regulatory commission (Tuesday) submit new price. Regulator approval of the change, there are 45 days.
Until the price changes to take effect, consumers can still buy 44% of forever stamps, it does not need additional postage, price increases.
"The overall average price rise is a small and need help solve our current financial crisis," postal Patrick donoghue huo said. "We will continue to our control range to take action, to improve in other respects of income, and slash costs."
The postal service to allow a congress overhaul business, including cutting the Saturday mail delivery and eliminate large pay each year to prefund retiree health benefits. The agency also is research may close thousands of post office and processing facilities.




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