Royal Mail’s prices change annually – usually on the Monday nearest to the 1st April (The beginning of Royal Mail’s new financial year). This year the changes are introduced on Monday 27th March 2017.

Royal Mail ‘headline’ rate change is 1p on 1st Class and 2nd Class to 56p and 65p respectively but, dig a bit deeper and significant rises – in international – especially European letter rates that impact Post and Go stamp collectors, can be found.

The ‘1st Class Reel’ NVI values to change are that of the ‘1st Class’ (from 64p to 65p) , ‘1st Class Large’ (from 96p to 98p) and ‘World 10g/Euro 20g’ value (from £1.05 to £1.17), ‘Euro 100g’ (from 152p to 157p), ‘World 20g’ (from 133p to 140p) and finally ‘World 100g’ from 225p to 227p resulting in a 29p increase (3.6%) in the cost of a collectors strip from £7.75 to £8.04 (Ouch).

For ‘2nd Class Reel’ rates they change from ‘2nd Class’ (from 55p to 56p) and ‘2nd Class Large’ (from 75p to 76p) changing the cost of the strip from 130p to 132p.

Royal Mails prices can be found here: Royal Mail Tariff 2017

This entry was posted on Tuesday, February 28th, 2017 at 12:05 pm and is filed under Postage Labels. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.