An Post says the price of a national stamp will increase by 25 cents from €1.40 to €1.65 on Thursday, 27th February for personal customers and from the 1st March for business users.
An Post says operating costs are rising while the number of letters posted has fallen by 8% in the past year.
The company says changes will cover the cost of service taking account of wage increases for staff in line with national pay award, increased operating costs and letter volumes which have declined over 8% in the last 12 months, 40% since 2017 and 50% in the last decade.
Increasingly, European countries have reduced letter delivery frequency to once or twice a week and now deliver to mail boxes outside the home or to central collection points.
While An Post continues to design future generation mail services to suit customers’ needs, the company is committed to retaining the option of a next-day national service to the door, by trusted, trained postal staff in a growing fleet of emission free vehicles.
David McRedmond, CEO of An Post said: “An Post’s priority is to provide a world-class service for the people and businesses of Ireland. To do this we need to be aligned with global postal trends that see large price increases to compensate for falling volumes due to e-substitution. We’ve worked hard to get the economics right on price for postage by introducing smarter work practices and reducing costs to keep our prices below the European benchmark average, and below the UK. An Post remains entirely self-financed (having repaid a Government loan in full in 2024). While we manage the decline in postal, An Post is also investing heavily in the parcel and eCommerce business which is growing rapidly."
Garrett Bridgeman, Managing Director of An Post Letters and Parcels commented: “An Post’s quality of service is amongst the highest in Europe. We’re alleviating the impact on SMEs and personal customers by providing discounts and regular price promotions through the year at post offices and online. I’m also pleased to confirm that An Post’s Community Focus supports including free postage up to 1kg to all nursing and care homes will continue throughout 2025."
“We’re pleased to retain the current pricing for our Registered Mail Service. With the continued expansion of our electric delivery fleet, we will protect our customers and support Irish businesses, bringing air pollution levels down, helping Ireland to reach its emission goals while ensuring safe, decent work and working conditions for all our people”, he added.
All existing stamps with ‘N’ (National) and ‘W’ (Worldwide) or specific euro denominations remain valid and fully useable after 27th February 2025.
