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The United States Postal Service (USPS) periodically increases the cost of postage stamps, and the phrase "Postage Going up 1/8" simply means that the price of a stamp is increasing by one eighth of a cent. This is a small but frequent increase that helps cover the rising costs of delivering mail.
The USPS typically announces postage rate increases in late November or early December, and the increase usually goes into effect in January of the following year. So, if you see the phrase "Postage Going up 1/8," it means that the postage rate will be increasing in January.
The postage rate increase is typically one eighth of a cent, as indicated by the phrase "Postage Going up 1/8." This may not seem like a significant amount, but it adds up for the USPS and helps cover the costs of delivering mail.
Yes, all stamps and postage rates will increase after the "Postage Going up 1/8" announcement. This includes first-class stamps, postcards, and other mailing services. The USPS will provide a detailed breakdown of the new rates on their website.
If you are a regular user of postage stamps, you can purchase stamps before the increase goes into effect to save money. You can also consider using alternative methods of mailing, such as online postage or bulk mailing, to save on costs. Additionally, staying informed about USPS rate changes can help you plan and budget accordingly for your mailing needs.