Brazil Post confirms annual postal rate increase

Brazil’s national postal operator Correios has increased its postal rates, as effective from the start of this month. The increase in tariffs came 14 months after the previous rate rise in January 2010, with rates for individual letters rising 7.1%, from $0.70 to $0.75.

Business letters have had tariffs increased by 4.8%, from $1.05 to $1.10.

There has also been a 6% increase in international services including priority document shipments and economy document shipments.

Thelma Kai, spokesperson for the Department of Institutional Relations (Post), said the postal service tariff increases were routine annual price rises stemming from the increasing costs faced by Correios, including fuel price increases, transportation costs, security costs and employee salary increases.