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Finnish Posti Group raising postage fees in May

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POSTMAN
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Finnish Posti Group raising postage fees in May

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Posti has announced that the prices of its letter services paid in cash will change on 4 May.

The price of a domestic card or letter weighing up to 50g will be €1.50 (a change of +€0.10). The price of a Priority class international card or letter weighing up to 20g will be €1.60 (+€0.10). The international Maxi letter classes will be combined, and the Economy delivery speed will be discontinued for Maxi letters. The price of a maxi letter will be €8.50.

In a statement issued today (4 April), Posti said: “Letter services paid in cash include, for example, domestic and international letters that are paid by stamps and included in the universal service. Unlike machine-sortable letters, the processing and sorting of these letters comprises several manual work phases, which increase their production costs.”

Explaining the price increases, Laura Luoma from Posti’s consumer services, said: “Prices must be revised to ensure that the postage fees are at a level that can sustain the functionality of the universal service throughout the country and cover the costs of the delivery network. It is important to keep in mind that Posti’s operations are not funded by tax revenue. Posti is enhancing its operations in many ways to cut costs, but the processing of universal service letters is more expensive due to the manual work involved, explains.”

Posti added: “All domestic and international no-value indicator stamps purchased before the price increase will be accepted without additional stamps after the change. Old 1st and 2nd class no-value indicator stamps can still be used. Their value corresponds to the domestic no-value indicator stamp and will be €1.50 as of 4 May.”

There will also be changes to some of the Mail Services fees. The new fees of all Mail Services can be reviewed in the price list available on Posti’s website.

Posti also announced that the prices of its forwarding and mail delivery interruption services will change on 1 June.
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