ComReg has approved An Post’s application to increase the price of stamps for standard letters sent domestically and internationally.

As a result it will cost 60c to send a standard domestic letter from 2 April, compared to the previous rate of 55c.

The price of other types of post weighing under 50g, including business reply letters and large envelopes, will also increase from that date.

An Post had originally sought a 10c price increase for standard domestic letters but revised its application down during ComReg’s consultation process.

The new 60c rate will also apply to domestic letters that weigh up to 100g, equating to a 5c drop in prices for 50-100g letters.

The international rate for a standard letter will rise from 82c to 90c.

ComReg said it had considered the financial challenges facing An Post as part of its review and said the price rise is just one measure needed to ensure the semi-State body’s viability.

Figures from An Post suggested that the price change should provide an additional €11 million in revenue in its first full year.