Our new prices came into affect on 8 January 2024.
100g letters addressed locally and to the UK saw a price freeze and letters going to Europe and to the rest of the world increased. The stamp price changes are summarised below:
Letter Service | 2023 Price | 2024 Price |
---|---|---|
Local Letter (100g) | £0.60 | £0.60 |
UK, IoM and Other CI Letter (100g) | £0.98 | £0.98 |
European Letter (100g) | £1.85 | £2.15 |
Rest of World Letter (100g) | £2.55 | £2.95 |
The 2024 price rates came into effect from Monday 8 January 2024.
Outbound mail decline – this continues to decline year on year at a steady pace, which brings a decline in income, impacting Jersey Post’s profitability. This downward trend continues into 2024, with a forecast of c.13% predicted for outbound mail.
Increased operating costs – whilst outbound mail declines, Jersey Post’s operating costs remain high. Ongoing geo-political pressures have increased the cost of fuel and therefore freight transportation costs and these costs are passed on to Jersey Post. In addition, from 2 January, the postal charges levied on Jersey Post by Royal Mail and other European and Worldwide postal authorities are set to significantly increase.
Continued investment – handling costs for processing and delivering mail remain high, particularly for parcel mail where additional cost is incurred through additional processes including provision of electronic pre-advice customers data for destination countries.