The US Post Office is raising prices on stamps and services.

Starting Sunday, a first-class one-ounce mail letter will go up to 55 cents.

The nickel increase is the largest percentage hike since 1991, when postage increased from 25 to 29 cents. 

Forever Stamps are also jumping to 55 cents.
And priority mail prices will also jump 5.9 percent, making a small box that previously cost $7.20 to rise to $7.90.

USPS lost nearly $4 billion in 2018, reportedly from lower mail volume and pension and health care costs.

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(This story was originally published on Jan 27, 2019)