Cost of postage stamps set to rise again

Cost of postage stamps set to rise again

The price of postage is set to increase from July 21, a spokesperson for An Post has confirmed today.

Following a review of pricing by An Post, rates for postal services will increase from Thursday, July 21, 2016. The standard domestic letter rate for items up to 100g within Ireland will increase from 70c to 72c while the standard international letter rate up to 100g will increase from €1.05 to €1.10.  

Despite the increase, a statement from An Post noted their “rates will remain among the lowest in the EU 15 countries including Britain, Germany, Belgium and the Netherlands and well below the EU domestic average of 93c”. 

An Post has, over a number of years, invested in a programme of efficiency and cost reduction measures linked to the introduction of new products and services for customers. However the significant cost of supporting An Post’s Universal Service Obligation (USO) will require attention noted An Post. The USO requires An Post to provide daily collection and delivery service to all areas of the country for a uniform tariff. In 2015 the cost of maintaining the USO was €32.3m.

‘’An Post is committed to providing excellent value for money, serving Irish business and being the trusted service provoider of choice for business and personal customers’’, a spokesperson said.