DUESSELDORF (Reuters) – Germany’s network regulator confirmed its guidelines for the pricing of postage stamps on Monday, refusing to go beyond its proposed ranges despite protest by the national operator Deutsche Post, owned by logistics group DHL.
“I cannot understand Post’s demand for an even greater increase. The costs that Post has presented to us do not allow for this. If we were to follow the demands, consumers and companies would be doubly burdened,” regulator president Klaus Mueller said in a statement.
Under the guidelines, which are to apply from the start of 2025 until the end of 2026, stamp prices for private customers and business mail are to rise by an average of 10.48%, while private customers sending parcels would see a 7.21% increase, the regulator said.
DHL has criticised the regulator, which first proposed the pricing guidelines in September, for not giving the postal system enough leeway to respond to rising inflation and falling letter volumes.
Don't miss out on any breaking news or insightful opinions!
Subscribe to our free newsletter and stay updated on the go!
By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email.
(Reporting by Matthias Inverardi, Writing by Rachel More, Editing by Miranda Murray)
Uma Rajagopal has been managing the posting of content for multiple platforms since 2021, including Global Banking & Finance Review, Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune. Her role ensures that content is published accurately and efficiently across these diverse publications.
