Faced with growing financial losses amid a liquidity crisis, the United States Postal Service (USPS) recently announced the increase of another of its first-class Forever stamps, this as part of a strategy that began earlier this year with the increase in prices in several of its services.

According to the company's statement, the stamp will go from costing 78 cents to 82 cents. “Despite the adjustment, Postal Service shipping rates remain among the cheapest in the world,” a USPS spokesperson said.

Only in April of this year, CEO David Steiner warned that the company was facing a severe financial crisis and that among the responses to solve the situation were “sell more products, increase prices or reduce costs,” he said.

So far, among the alternatives evaluated, the option to increase prices has been chosen; In recent years, in the case of first class stamps, these have increased by 34% with this latest increase expected to come into effect on July 12.

But it will not only be the Forever seal that will increase its cost; It is also expected that, for this Sunday, national postcards will go from 61 cents to 65 cents, as well as international postcards and letters will increase from $1.70 to $1.75 dollars.

For his part, Luke Grossmann, chief financial officer of the Postal Service, commented that “this temporary price adjustment will provide necessary flexibility to the Postal Service by helping to ensure that the real costs of doing business are covered, as required by Congress.”