Stamp increase takes effect Sunday

January 24, 2014 10:16:41 AM PST
Now is the time to stock up on forever stamps before the price goes up from 46 to 49 cents on Sunday.

The hike is the largest increase in consumer postage prices in more than a decade.

The hike comes after the agency's regulator gave the green light back in December to keep up with inflation and recoup losses incurred during the great recession.

The agency said in November that it lost $5 billion in the latest fiscal year.