The proposed 10% increase in the price of a stamp from €1.00 to €1.10 offers retailers a rare opportunity to make a decent margin rather than the paltry offering ordinarily available through An Post.
The price hikes – which will also see an increase in the standard international letter price to €2.00 from €1.70 – come into effect on May 27.
However, An Post clarified that all existing national ‘N’ rate stamps would automatically represent €1.10 postage from that date, while Worldwide ‘W’ stamps would cover the €2.00 international letter rate.
A 75 x 4pack currently costing €285 will return €330 after the increase as the ‘N’ will automatically represent the €1.10 price.