BERLIN, June 28 German postal and logistics
group Deutsche Post will consider raising the cost
next year of sending a standard letter in its home market,
Rheinische Post reported on Saturday, citing executive board
member Juergen Gerdes.
Bonn-based Deutsche Post is legally entitled to increase
postage of currently 0.60 euros ($0.82) per letter by slightly
less than the rate of inflation, though it needs to seek
approval for price hikes from Germany's Federal Network Agency.
"A price adjustment would certainly not be particularly high
as inflation is low," Gerdes was quoted by the newspaper as
saying, adding the price review would be carried out in the
The group's mail division has for years been grappling with
declining letter volumes and the growing number of emails sent.
Deutsche Post last increased postage on domestic letters to 0.60
euros early this year from 0.58 euros.
Separately, Gerdes said that the so-called E-Post online
letter will break even next year, as the company expects to
double E-Post sales to more than 200 million euros this year
from about 100 million in 2013, according to Rheinische Post.
($1 = 0.7331 Euros)
(Reporting by Andreas Cremer; Editing by Stephen Powell)