From January 1, 2024: Increases postal, letter and parcel prices

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That makes a difference: Swiss Post will increase the prices of letters and parcels at the beginning of 2024. A and B Mail letters are 10 centimeter more expensive each, will cost 1.20 francs (A Mail standard letter) and 1.00 francs (B Mail) in the future. An economy box of up to two kilograms is now 8.50 francs (formerly 7 francs), a priority box of 10.50 francs (previously 9 francs), which means 1.50 francs more than before. The price watcher confirmed the increases, as he and the mail jointly announced.

On the one hand, price increases are necessary due to the continuing decline in letter volumes and post office box office operations. On the other hand, the current price increase in postal services causes significant additional costs for energy, transportation, materials and wages.

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Swiss Post assures customers that only a fraction of these additional costs will pass. The lack of a higher price premium is apparently due to the price monitor. This indicates that the post office can “significantly slow down” requests.

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As a result of the negotiations, the price increases were approximately 70 million less than the post office demanded. For example, Swiss Post wanted to raise the price of a standard A Mail letter to CHF 1.40. Now they agreed on 1.20 francs.

The last price increase was not long ago

The last price increase wasn’t long ago: Swiss Post increased Post A rates by 10 inches and Post B letters by 5 inches as of January 2022. This was the first hike in letter prices in 18 years. Package prices remained the same in 2022. Postal boss Roberto Cirillo (52) justified the price increase at the time with rising delivery costs and inflation.

An overview of the Swiss Post with the new prices.

Source :Blick

Tim

I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.