(NEXSTAR) – Stock up on Forever stamps now, or forever hold your peace.
The United States Postal Service’s plan to raise stamp prices is taking effect on July 10. The price of a Forever stamp will rise from 58 cents to 60 cents.
The price hike, which raises the cost of First-Class Mail by 6.5%, is still lower than high inflation rates, the Postal Service said. The cost of all goods is up 8.6% over the past year, according to the Bureau of Labor Statistics.