Deutsche Post could raise mailing rates by 0.2 pct in January
Deutsche Post AG could raise its mailing rates by an average of 0.2 pct in January, the Frankfurter Allgemeine Zeitung reported citing a company spokesman.
However, the spokesman said that Deutsche Post had not come to any final decision on the matter.
‘Nothing has been decided yet,’ he told the newspaper.
The German government determines mailing rates through a calculation that compares overall consumer prices with productivity increases within the industry.
Should Deutsche Post go ahead with the price increase, it would mark the first price increase in four years.
The newspaper also wrote that almost two-thirds of Deutsche Post’s operating profit comes from its mail delivery business.
The German mail delivery market will be fully liberalised in 2008.
amk/jc1
