USPS proposes price hikes to offset inflation

You might be seeing higher prices at the post office soon.

(CNN)— You might be seeing higher prices at the post office soon. The US Postal Service has proposed price hikes to offset inflation.

First class stamps would cost three cents more and mailing a postcard would increase by four cents.

The agency is also looking to increase fees for P.O. Box rentals, money orders, and insurance.

The governors of the US postal service already approved these hikes and the postal regulatory commission will review the proposal.

If approved, the changes take effect in January.