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Price Change 2019 Proposed November 2018

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  • Price Change 2019Proposed

    November 2018

  • 2

    Agenda• Overview Market Dominant Promotions First-Class Mail®

    USPS Marketing Mail®

    Periodicals®

    Package Services Extra Services

    • Overview Competitive

    2019 Price Change

  • Prices Change

    Jan 27, 2019

    ImplementationRegulatory Review

    Governors’ Vote

    Governors’ Vote

    Market Dominant

    Competitive

    Oct. 4

    Oct. 4

    34 days (per PRC commitment) 75 days

    PRC Filing

    Oct. 10

    Regulatory Review

    30 days

    PRC Filing

    Oct. 10

    Expected PRC Decision

    Nov. 13

    Expected PRC Decision

    Nov. 9

    Implementation

    79 days

    Timeline

  • 4

    2019 Price Change

    0.000%

    1.000%

    2.000%

    3.000%

    4.000%

    5.000%

    Pric

    e Ca

    p

    CPI-U Moving Average for January 2019 Price Change

    Actual Forecasted

    CPI MonthFor JanuaryAdjustment

    R2018-1

    Chart2

    4285642856

    4288742887

    4291742917

    4294842948

    4297942979

    4300943009

    4304043040

    4307043070

    4310143101

    4313243132

    4316043160

    4319143191

    4322143221

    4325243252

    4328243282

    4331343313

    4334443344

    4337443374

    4340543405

    4343543435

    4346643466

    4349743497

    4352543525

    4355643556

    4358643586

    4361743617

    4364843648

    4367943679

    4370943709

    4373943739

    4377043770

    CPI MonthFor JanuaryAdjustment

    R2018-1

    Actual

    Forecasted

    Price Cap

    CPI-U Moving Average for January 2019 Price Change

    0.0154152311

    0.0167899822

    0.0182419038

    0.0198726094

    0.0018457891

    0.003535109

    0.0053552194

    0.0070986359

    0.0088201398

    0.0106649018

    0.0126346337

    0.0146964668

    0.0170435053

    0.0194518304

    0.0219238389

    0.02419

    0.02419

    0.0261040748

    0.0281657248

    0.0300846192

    0.0319790089

    0.0335097422

    0.0350048837

    0.0366446094

    0.0382814266

    0.0399249848

    0.0415803503

    0.0432577261

    0.0450065315

    0.0467125668

    0.048467766

    0.0502665229

    Actual

    12-Month Moving Average Calculations

    12-month12-month

    last 12 months12-monthtotal dividedBasemoving average

    CPI-Upoint-to-pointtotalby 12Average

    Jan-04185.2

    Feb-04186.2

    Mar-04187.4

    Apr-04188

    May-04189.1

    Jun-04189.7

    Jul-04189.4

    Aug-04189.5

    Sep-04189.9

    Oct-04190.9

    Nov-04191

    Dec-04190.3

    Jan-05190.73.0%2272.1189.3417

    Feb-05191.83.0%2277.7189.8083

    Mar-05193.33.1%2283.6190.3000

    Apr-05194.63.5%2290.2190.8500

    May-05194.42.8%2295.5191.2917

    Jun-05194.52.5%2300.3191.6917

    Jul-05195.43.2%2306.3192.1917

    Aug-05196.43.6%2313.2192.7667

    Sep-05198.84.7%2322.1193.5083

    Oct-05199.24.3%2330.4194.2000

    Nov-05197.63.5%2337.0194.7500

    Dec-05196.83.4%2343.5195.2917

    Jan-06198.34.0%2351.1195.92503.5%

    Feb-06198.73.6%2358.0196.50003.5%

    Mar-06199.83.4%2364.5197.04173.5%

    Apr-06201.53.5%2371.4197.61673.5%

    May-06202.54.2%2379.5198.29173.7%

    Jun-06202.94.3%2387.9198.99173.8%

    Jul-06203.54.1%2396.0199.66673.9%

    Aug-06203.93.8%2403.5200.29173.9%

    Sep-06202.92.1%2407.6200.63333.7%

    Oct-06201.81.3%2410.2200.85003.4%

    Nov-06201.52.0%2414.1201.17503.3%

    Dec-06201.82.5%2419.1201.59173.2%

    Jan-07202.4162.1%2423.2201.93473.1%

    Feb-07203.4992.4%2428.0202.33463.0%

    Mar-07205.3522.8%2433.6202.79732.9%

    Apr-07206.6862.6%2438.8203.22942.8%

    May-07207.9492.7%2444.2203.68352.7%

    Jun-07208.3522.7%2449.7204.13782.6%

    Jul-07208.2992.4%2454.5204.53782.4%

    Aug-07207.9172.0%2458.5204.87252.3%

    Sep-07208.4902.8%2464.1205.33832.3%

    Oct-07208.9363.5%2471.2205.93302.5%

    Nov-07210.1774.3%2479.9206.65612.7%

    Dec-07210.0364.1%2488.1207.34242.9%

    Jan-08211.0804.3%2496.8208.06443.0%

    Feb-08211.6934.0%2505.0208.74733.2%

    Mar-08213.5284.0%2513.1209.42863.3%

    Apr-08214.8233.9%2521.3210.10673.4%

    May-08216.6324.2%2530.0210.83033.5%

    Jun-08218.8155.0%2540.4211.70223.7%

    Jul-08219.9645.6%2552.1212.67434.0%

    Aug-08219.0865.4%2563.3213.60504.3%

    Sep-08218.7834.9%2573.6214.46284.4%

    Oct-08216.5733.7%2581.2215.09924.5%

    Nov-08212.4251.1%2583.4215.28654.2%

    Dec-08210.2280.1%2583.6215.30253.8%

    Jan-09211.1430.0%2583.7215.30783.5%

    Feb-09212.1930.2%2584.2215.34943.2%

    Mar-09212.709-0.4%2583.4215.28122.8%

    Apr-09213.240-0.7%2581.8215.14932.4%

    May-09213.856-1.3%2579.0214.91791.9%

    Jun-09215.693-1.4%2575.9214.65781.4%

    Jul-09215.351-2.1%2571.3214.27330.8%

    Aug-09215.834-1.5%2568.0214.00230.2%

    Sep-09215.969-1.3%2565.2213.7678-0.324%

    Oct-09216.177-0.2%2564.8213.7348215.0992-0.634%

    Nov-09216.3301.8%2568.7214.0603215.2865-0.570%

    Dec-09215.9492.7%2574.4214.5370215.3025-0.356%

    Jan-10216.6872.6%2580.0214.9990215.3078-0.143%

    Feb-10216.7412.1%2584.5215.3780215.34940.013%

    Mar-10217.6312.3%2589.5215.7882215.28120.236%

    Apr-10218.0092.2%2594.2216.1856215.14930.482%

    May-10218.1782.0%2598.5216.5458214.91790.757%

    Jun-10217.9651.1%2600.8216.7351214.65780.968%

    Jul-10218.0111.2%2603.5216.9568214.27331.252%

    Aug-10218.3121.1%2606.0217.1633214.00231.477%

    Sep-10218.4391.1%2608.4217.3691213.76781.685%

    Oct-10218.7111.2%2611.0217.5803213.73481.799%

    Nov-10218.8031.1%2613.4217.7863214.06031.741%

    Dec-10219.1791.5%2616.7218.0555214.53701.640%

    Jan-11220.2231.6%2620.2218.3502214.99901.559%

    Feb-11221.3092.1%2624.8218.7308215.37801.557%

    Mar-11223.4672.7%2630.6219.2172215.78821.589%

    Apr-11224.9063.2%2637.5219.7919216.18561.668%

    May-11225.9643.6%2645.3220.4408216.54581.799%

    Jun-11225.7223.6%2653.0221.0872216.73512.008%

    Jul-11225.9223.6%2661.0221.7464216.95682.208%

    Aug-11226.5453.8%2669.2222.4325217.16332.426%

    Sep-11226.8893.9%2677.6223.1367217.36912.653%

    Oct-11226.4213.5%2685.4223.7792217.58032.849%

    Nov-11226.2303.4%2692.8224.3981217.78633.036%

    Dec-11225.6723.0%2699.3224.9392218.05553.157%

    Jan-12226.6652.9%2705.7225.4760218.35023.263%

    Feb-12227.6632.9%2712.1226.0055218.73083.326%

    Mar-12229.3922.7%2718.0226.4993219.21723.322%

    Apr-12230.0852.3%2723.2226.9308219.79193.248%

    May-12229.8151.7%2727.0227.2518220.44083.090%

    Jun-12229.4781.7%2730.8227.5648221.08722.930%

    Jul-12229.1041.4%2734.0227.8299221.74642.743%

    Aug-12230.3791.7%2737.8228.1494222.43252.570%

    Sep-12231.4072.0%2742.3228.5259223.13672.415%

    Oct-12231.3172.2%2747.2228.9339223.77922.303%

    Nov-12230.2211.8%2751.2229.2665224.39812.170%

    Dec-12229.6011.7%2755.1229.5939224.93922.069%

    Jan-13230.2801.6%2758.7229.8952225.47601.960%

    Feb-13232.1662.0%2763.2230.2704226.00551.887%

    Mar-13232.7731.5%2766.6230.5522226.49931.789%

    Apr-13232.5311.1%2769.1230.7560226.93081.686%

    May-13232.9451.4%2772.2231.0168227.25181.657%

    Jun-13233.5041.8%2776.2231.3523227.56481.664%

    Jul-13233.5962.0%2780.7231.7267227.82991.710%

    Aug-13233.8771.5%2784.2232.0182228.14941.696%

    Sep-13234.1491.2%2787.0232.2467228.52591.628%

    Oct-13233.5461.0%2789.2232.4324228.93391.528%

    Nov-13233.0691.2%2792.0232.6698229.26651.484%

    Dec-13233.0491.5%2795.5232.9571229.59391.465%

    Jan-14233.9161.6%2799.1233.2601229.89521.464%

    Feb-14234.7811.1%2801.7233.4780230.27041.393%

    Mar-14236.2931.5%2805.3233.7713230.55221.396%

    Apr-14237.0722.0%2809.8234.1498230.75601.471%

    May-14237.9002.1%2814.8234.5627231.01681.535%

    Jun-14238.3432.1%2819.6234.9659231.35231.562%

    Jul-14238.2502.0%2824.2235.3538231.72671.565%

    Aug-14237.8521.7%2828.2235.6850232.01821.580%

    Sep-14238.0311.7%2832.1236.0085232.24671.620%

    Oct-14237.4331.7%2836.0236.3324232.43241.678%

    Nov-14236.1511.3%2839.1236.5893232.66981.685%

    Dec-14234.8120.8%2840.8236.7362232.95711.622%

    Jan-15233.707-0.1%2840.6236.7188233.26011.483%

    Feb-15234.722-0.0%2840.6236.7138233.47801.386%

    Mar-15236.119-0.1%2840.4236.6993233.77131.253%

    Apr-15236.599-0.2%2839.9236.6599234.14981.072%

    May-15237.805-0.0%2839.8236.6520234.56270.891%

    Jun-15238.6380.1%2840.1236.6766234.96590.728%

    Jul-15238.6540.2%2840.5236.7103235.35380.576%

    Aug-15238.3160.2%2841.0236.7489235.68500.451%

    Sep-15237.945-0.0%2840.9236.7418236.00850.311%

    Oct-15237.8380.2%2841.3236.7755236.33240.187%

    Nov-15237.3360.5%2842.5236.8743236.58930.120%

    Dec-15236.5250.7%2844.204237.0170236.73620.119%

    Jan-16236.9161.4%2847.413237.2844236.71880.239%

    Feb-16237.1111.0%2849.802237.4835236.71380.325%

    Mar-16238.1320.9%2851.815237.6513236.69930.402%

    Apr-16239.2611.1%2854.477237.8731236.65990.513%

    May-16240.2361.0%2856.908238.0757236.65200.602%

    Jun-16241.0381.0%2859.308238.2757236.67660.676%

    Jul-16

    Aug-16

    Sep-16

    Oct-16

    Nov-16

    Dec-16

    Forecast - FCM STD

    Price Cap Calculation Using Global-Insight 7/7/2016 CPI-U Forecast and 7/15/2016 Actual CPI-U

    3010.21.cPrice Cap

    12-month12-monthLook-back/w/Look-back/

    last 12 months12-monthtotal dividedBasemoving averagePartial-YearPartial-Year

    MonthCPIpoint-to-pointtotalby 12Average

    Jan-04185.2

    Feb-04186.2

    Mar-04187.4

    Apr-04188

    May-04189.1

    Jun-04189.7

    Jul-04189.4

    Aug-04189.5

    Sep-04189.9

    Oct-04190.9

    Nov-04191

    Dec-04190.3

    Jan-05190.73.0%2272.1189.3417

    Feb-05191.83.0%2277.7189.8083

    Mar-05193.33.1%2283.6190.3000

    Apr-05194.63.5%2290.2190.8500

    May-05194.42.8%2295.5191.2917

    Jun-05194.52.5%2300.3191.6917

    Jul-05195.43.2%2306.3192.1917

    Aug-05196.43.6%2313.2192.7667

    Sep-05198.84.7%2322.1193.5083

    Oct-05199.24.3%2330.4194.2000

    Nov-05197.63.5%2337.0194.7500

    Dec-05196.83.4%2343.5195.2917

    Jan-06198.34.0%2351.1195.92503.5%

    Feb-06198.73.6%2358.0196.50003.5%

    Mar-06199.83.4%2364.5197.04173.5%

    Apr-06201.53.5%2371.4197.61673.5%

    May-06202.54.2%2379.5198.29173.7%

    Jun-06202.94.3%2387.9198.99173.8%

    Jul-06203.54.1%2396.0199.66673.9%

    Aug-06203.93.8%2403.5200.29173.9%

    Sep-06202.92.1%2407.6200.63333.7%

    Oct-06201.81.3%2410.2200.85003.4%

    Nov-06201.52.0%2414.1201.17503.3%

    Dec-06201.82.5%2419.1201.59173.2%

    Jan-07202.4162.1%2423.2201.93473.1%

    Feb-07203.4992.4%2428.0202.33463.0%

    Mar-07205.3522.8%2433.6202.79732.9%

    Apr-07206.6862.6%2438.8203.22942.8%

    May-07207.9492.7%2444.2203.68352.7%

    Jun-07208.3522.7%2449.7204.13782.6%

    Jul-07208.2992.4%2454.5204.53782.4%

    Aug-07207.9172.0%2458.5204.87252.3%

    Sep-07208.4902.8%2464.1205.33832.3%

    Oct-07208.9363.5%2471.2205.93302.5%

    Nov-07210.1774.3%2479.9206.65612.7%

    Dec-07210.0364.1%2488.1207.34242.9%

    Jan-08211.0804.3%2496.8208.06443.0%0.348216%

    Feb-08211.6934.0%2505.0208.74733.2%0.677543%

    Mar-08213.5284.0%2513.1209.42863.3%1.006146%

    Apr-08214.8233.9%2521.3210.10673.4%1.333181%

    May-08216.6324.2%2530.0210.83033.5%1.682161%

    Jun-08218.8155.0%2540.4211.70223.7%2.102681%

    Jul-08219.9645.6%2552.1212.67434.0%2.571511%

    Aug-08219.0865.4%2563.3213.60504.3%3.020406%

    Sep-08218.7834.9%2573.6214.46284.4%3.434094%4.4%

    Oct-08216.5733.7%2581.2215.09924.5%3.741034%4.5%

    Nov-08212.4251.1%2583.4215.28654.2%3.831384%4.2%

    Dec-08210.2280.1%2583.6215.30253.8%3.839100%

    Jan-09211.1430.0%2583.7215.3078208.06443.5%0.002438%

    Feb-09212.1930.2%2584.2215.3494208.74733.2%0.021791%

    Mar-09212.709-0.4%2583.4215.2812209.42862.8%-0.009909%

    Apr-09213.240-0.7%2581.8215.1493210.10672.4%-0.071179%

    May-09213.856-1.3%2579.0214.9179210.83031.9%-0.178625%

    Jun-09215.693-1.4%2575.9214.6578211.70221.4%-0.299462%

    Jul-09215.351-2.1%2571.3214.2733212.67430.8%-0.478010%

    Aug-09215.834-1.5%2568.0214.0023213.60500.2%-0.603879%

    Sep-09215.969-1.3%2565.2213.7678214.4628-0.324%-0.712796%

    Oct-09216.177-0.2%2564.8213.7348215.0992-0.634%-0.728123%Rounded HCol. JColumn I to

    Nov-09216.3301.8%2568.7214.0603215.2865-0.570%-0.576979%+minus6 digits

    Dec-09215.9492.7%2574.4214.5370215.3025-0.356%-0.355546%Rounded MCol Kas text

    Jan-10216.6872.6%2580.0214.9990215.3078-0.143399%0.002438%-0.1410%-0.1410%- 00.002438%

    Feb-10216.7412.1%2584.5215.3780215.34940.013273%0.021791%0.0350%0.0350%- 00.021791%

    Mar-10217.6312.3%2589.5215.7882215.28120.235506%-0.009909%0.2260%0.2260%- 0-0.009909%

    Apr-10218.0092.2%2594.2216.1856215.14930.481681%-0.071179%0.4110%0.4110%- 0-0.071179%

    May-10218.1782.0%2598.5216.5458214.91790.757421%-0.178625%0.5780%0.5780%- 0-0.178625%

    Jun-10217.9651.1%2600.8216.7351214.65780.967742%-0.299462%0.6690%0.6690%- 0-0.299462%

    Jul-10218.0111.2%2603.5216.9568214.27331.252333%-0.478010%0.7740%0.7740%- 0-0.478010%

    Aug-10218.3121.1%2606.0217.1633214.00231.477048%-0.603879%0.8730%0.8730%- 0-0.603879%

    Sep-10218.4391.1%2608.4217.3691213.76781.684655%-0.712796%0.9720%0.9720%- 0-0.712796%

    Oct-10218.7111.2%2611.0217.5803213.73481.799153%-0.728123%1.0710%1.0710%- 0-0.728123%

    Nov-10218.8031.1%2613.4217.7863214.06031.740670%-0.576979%1.1640%1.1640%- 0-0.576979%

    Dec-10219.1791.5%2616.7218.0555214.53701.640043%0.123592%0.1236%1.7640%(0.0164)0.123592%

    Jan-11220.2231.6%2620.2218.3502214.99901.558689%0.258893%0.2589%1.8180%(0.0156)0.258893%

    Feb-11221.3092.1%2624.8218.7308215.37801.556720%0.433682%0.4337%1.9910%(0.0156)0.433682%

    Mar-11223.4672.7%2630.6219.2172215.78821.589058%0.656989%0.6570%2.2460%(0.0159)0.656989%

    Apr-11224.9063.2%2637.5219.7919216.18561.668166%0.920895%0.9209%2.5890%(0.0167)0.920895%

    May-11225.9643.6%2645.3220.4408216.54581.798696%1.218817%1.2188%3.0180%(0.0180)1.218817%

    Jun-11225.7223.6%2653.0221.0872216.73512.008020%1.515629%1.5156%3.5240%(0.0201)1.515629%

    Jul-11225.9223.6%2661.0221.7464216.95682.207660%1.818334%1.8183%4.0260%(0.0221)1.818334%

    Aug-11226.5453.8%2669.2222.4325217.16332.426400%2.133360%2.1334%4.5590%(0.0243)2.133360%

    Sep-11226.8893.9%2677.6223.1367217.36912.653360%0.316575%0.3166%

    Oct-11226.4213.5%2685.4223.7792217.58032.849025%0.605427%0.6054%

    Nov-11226.2303.4%2692.8224.3981217.78633.035888%0.883676%0.8837%

    Dec-11225.6723.0%2699.3224.9392218.05553.156842%1.126934%1.1269%

    Jan-12226.6652.9%2705.7225.4760218.35023.263489%1.368280%1.3683%

    Feb-12227.6632.9%2712.1226.0055218.73083.325853%1.606330%1.6063%

    Mar-12229.3922.7%2718.0226.4993219.21723.321858%1.828307%1.8283%

    Apr-12230.0852.3%2723.2226.9308219.79193.248034%2.022336%2.0223%

    May-12229.8151.7%2727.0227.2518220.44083.089719%2.166612%2.1666%

    Jun-12229.4781.7%2730.8227.5648221.08722.929878%2.307329%2.3073%

    Jul-12229.1041.4%2734.0227.8299221.74642.743449%2.426541%2.4265%

    Aug-12230.3791.7%2737.8228.1494222.43252.570180%2.570180%2.5702%

    Sep-12231.4072.0%2742.3228.5259223.13672.415224%0.165023%0.1650%

    Oct-12231.3172.2%2747.2228.9339223.77922.303499%0.343854%0.3439%

    Nov-12230.2211.8%2751.2229.2665224.39812.169545%0.489628%0.4896%

    Dec-12229.6011.7%2755.1229.5939224.93922.069337%0.633138%0.6331%

    Jan-13230.2801.6%2758.7229.8952225.47601.959928%0.765178%0.7652%

    Feb-13232.1662.0%2763.2230.2704226.00551.887085%0.929654%0.9297%

    Mar-13232.7731.5%2766.6230.5522226.49931.789373%1.053148%1.0531%

    Apr-13232.5311.1%2769.1230.7560226.93081.685609%1.142490%1.1425%

    May-13232.9451.4%2772.2231.0168227.25181.656790%1.256815%1.2568%

    Jun-13233.5041.8%2776.2231.3523227.56481.664398%1.403868%1.4039%

    Jul-13233.5962.0%2780.7231.7267227.82991.710377%1.567942%1.5679%

    Aug-13233.8771.5%2784.2232.0182228.14941.695709%1.695709%1.6957%

    Sep-13234.1491.2%2787.0232.2467228.52591.628152%0.098484%1.7266%

    Oct-13233.5461.0%2789.2232.4324228.93391.528170%0.178542%1.7067%

    Nov-13233.0691.2%2792.0232.6698229.26651.484408%0.280833%1.7652%

    Dec-13233.0491.5%2795.5232.9571229.59391.464833%0.404674%1.8695%

    Jan-14233.9161.6%2799.1233.2601229.89521.463674%0.535267%1.9989%

    Feb-14234.7811.1%2801.7233.4780230.27041.392964%0.629189%2.0222%

    Mar-14236.2931.5%2805.3233.7713230.55221.396286%0.755616%2.1519%

    Apr-14237.0722.0%2809.8234.1498230.75601.470709%0.918714%2.3894%

    May-14237.9002.1%2814.8234.5627231.01681.534881%1.096681%2.6316%

    Jun-14238.3432.1%2819.6234.9659231.35231.561939%1.270482%2.8324%

    Jul-14238.2502.0%2824.2235.3538231.72671.565242%1.437639%3.0029%

    Aug-14237.8521.7%2828.2235.6850232.01821.580408%1.580408%3.1608%

    Sep-14238.0311.7%2832.1236.0085232.24671.619758%0.098484%1.7182%

    Oct-14237.4331.7%2836.0236.3324232.43241.677907%0.178542%1.8564%

    Nov-14236.1511.3%2839.1236.5893232.66981.684577%0.280833%1.9654%

    Dec-14234.8120.8%2840.8236.7362232.95711.622223%0.062098%1.6843%

    Jan-15233.707-0.1%2840.6236.7188233.26011.482751%0.054736%1.5375%

    Feb-15234.722-0.0%2840.6236.7138233.47801.385926%0.052658%1.4386%

    Mar-15236.119-0.1%2840.4236.6993233.77131.252506%0.046529%1.2990%

    Apr-15236.599-0.2%2839.9236.6599234.14981.072035%0.029869%1.1019%

    May-15237.805-0.0%2839.8236.6520234.56270.890736%0.026523%0.9173%

    Jun-15238.6380.1%2840.1236.6766234.96590.728049%0.036913%0.7650%

    Jul-15238.6540.2%2840.5236.7103235.35380.576366%0.051143%0.6275%

    Aug-15238.3160.2%2841.0236.7489235.68500.451415%0.067487%0.5189%

    Sep-15237.945-0.0%2840.9236.7418236.00850.310688%0.064458%0.3751%

    Oct-15237.8380.2%2841.3236.7755236.33240.187483%0.014256%0.2017%

    Nov-15237.3360.5%2842.5236.8743236.58930.120462%0.055968%0.1764%

    Dec-15236.5250.7%2844.2237.0170236.73620.118627%0.116266%0.2349%

    Jan-16236.9191.4%2847.4237.2847236.71880.239067%0.229329%0.4684%

    Feb-16237.1111.0%2849.8237.4838236.71380.325252%0.313422%0.6387%

    Mar-16238.1320.9%2851.8237.6515236.69930.402268%0.384279%0.7865%

    Apr-16239.2611.1%2854.5237.8733236.65990.512726%0.093344%0.6061%

    May-16240.2361.0%2856.9238.0759236.65200.601692%0.178588%0.7803%

    Jun-16241.0381.0%2859.3238.2759236.67660.675746%0.262745%0.9385%

    Jul-16240.650.8%2861.3238.4420236.71030.731591%0.332630%1.0642%

    Aug-16240.611.0%2863.6238.6335236.74890.796026%0.413210%1.2092%

    Sep-16241.151.3%2866.8238.9008236.74180.911964%0.525665%1.4376%

    Oct-16241.491.5%2870.5239.2048236.77551.025972%0.653583%1.6796%

    Nov-16241.311.7%2874.4239.5360236.87431.123697%0.792968%1.9167%

    Dec-16241.252.0%2879.2239.9299237.01701.228991%0.958722%2.1877%

    Jan-17242.012.1%2884.2240.3540237.28471.293524%1.137169%2.4307%

    Feb-17243.122.5%2890.3240.8546237.48381.419395%1.347807%2.7672%

    Mar-17244.492.7%2896.6241.3847237.65151.570858%1.570858%3.1417%

    Apr-17245.252.5%2902.6241.8834237.87331.685806%1.780724%3.4665%

    May-17246.262.5%2908.6242.3853238.07591.810102%1.991922%3.8020%

    Jun-17247.012.5%2914.6242.8833238.27591.933613%0.262745%2.1964%

    Jul-17247.272.8%2921.2243.4348238.44202.093905%0.332630%2.4265%

    Aug-17247.412.8%2928.0244.0011238.63352.249300%0.413210%2.6625%

    Sep-17247.702.7%2934.6244.5469238.90082.363394%0.525665%2.8891%

    Oct-17247.542.5%2940.6245.0517239.20482.444315%0.653583%3.0979%

    Nov-17247.112.4%2946.4245.5346239.53602.504251%0.792968%3.2972%

    Dec-17247.042.4%2952.2246.0168239.92992.536921%0.958722%3.4956%

    Forecasted numbers are in italics and price cap values are in bold.

    Price Cap w/Look-back12-Month Moving Average

    ActualForecastActualForecast

    Jan-10-0.141%-0.143%

    Feb-100.035%0.013%

    Mar-100.226%0.236%

    Apr-100.411%0.482%

    May-100.578%0.757%

    Jun-100.669%0.968%

    Jul-100.774%1.252%

    Aug-100.873%1.477%

    Sep-100.972%1.685%

    Oct-101.071%1.799%

    Nov-101.164%1.164%1.741%

    Dec-100.124%0.124%0.697%

    Jan-110.259%0.259%0.833%

    Feb-110.434%0.434%1.009%

    Mar-110.657%0.657%1.234%

    Apr-110.921%0.921%1.499%

    May-111.219%1.219%1.196%

    Jun-111.516%1.516%2.086%

    Jul-111.818%1.818%2.296%

    Aug-112.133%0.000%2.594%

    Sep-110.317%2.883%

    Oct-110.605%3.151%

    Nov-110.884%3.415%

    Dec-111.127%

    Jan-121.368%

    Feb-121.606%

    Mar-121.828%

    Apr-122.022%

    May-122.167%

    Jun-122.307%

    Jul-122.427%

    Aug-122.570%

    Sep-120.165%

    Oct-120.344%

    Nov-120.490%

    Dec-120.633%

    Jan-130.765%

    Feb-130.930%

    Mar-131.053%

    Apr-130.088%1.142%

    May-130.202%1.257%

    Jun-130.347%1.404%

    Jul-130.509%1.568%1.568%

    Aug-131.696%

    Sep-130.098%

    Oct-130.179%

    Nov-130.281%

    Dec-130.405%

    Jan-140.535%

    Feb-140.629%

    Mar-140.756%

    Apr-140.919%

    May-141.097%

    Jun-141.270%

    Jul-141.438%

    Aug-141.580%

    Sep-141.718%

    Oct-141.856%

    Nov-141.965%

    Dec-140.062%

    Jan-150.055%

    Feb-150.053%

    Mar-150.047%

    Apr-150.030%

    May-150.027%

    Jun-150.037%

    Jul-150.051%

    Aug-150.067%

    Sep-150.064%

    Oct-150.014%

    Nov-150.056%

    Dec-150.116%

    Jan-160.229%

    Feb-160.313%

    Mar-160.384%

    Apr-160.093%

    May-160.179%

    Jun-160.263%

    Jul-160.333%0.333%

    Aug-160.413%

    Sep-160.526%

    Oct-160.654%

    Nov-160.793%

    Dec-160.959%

    Jan-171.137%

    Feb-171.348%

    Mar-171.571%

    Apr-171.781%

    May-171.992%

    Jun-172.196%

    Jul-172.427%

    Aug-172.663%

    Sep-172.889%

    Oct-173.098%

    Nov-173.297%

    Dec-173.496%

    Forecast - FCM STD

    Actual

    Forecast

    Forecast for 2013-14 Price CapActual CPI-U Values thru 7/16/13 and Global Insight Forecast

    Forecast - other

    Actual

    Forecast

    Price Cap Forecast for 2015 Price Change

    Actual

    Forecasted

    Price Cap

    Price Cap forecast for 2016/2017FCM & Standard Mail

    Price Cap Calculation Using Global-Insight 7/7/2016 CPI-U Forecast and 7/15/2016 Actual CPI-U

    3010.21.cPrice Cap

    12-month12-monthLook-back/w/Look-back/

    last 12 months12-monthtotal dividedBasemoving averagePartial-YearPartial-Year

    MonthCPIpoint-to-pointtotalby 12Average

    Jan-04185.2

    Feb-04186.2

    Mar-04187.4

    Apr-04188

    May-04189.1

    Jun-04189.7

    Jul-04189.4

    Aug-04189.5

    Sep-04189.9

    Oct-04190.9

    Nov-04191

    Dec-04190.3

    Jan-05190.73.0%2272.1189.3417

    Feb-05191.83.0%2277.7189.8083

    Mar-05193.33.1%2283.6190.3000

    Apr-05194.63.5%2290.2190.8500

    May-05194.42.8%2295.5191.2917

    Jun-05194.52.5%2300.3191.6917

    Jul-05195.43.2%2306.3192.1917

    Aug-05196.43.6%2313.2192.7667

    Sep-05198.84.7%2322.1193.5083

    Oct-05199.24.3%2330.4194.2000

    Nov-05197.63.5%2337.0194.7500

    Dec-05196.83.4%2343.5195.2917

    Jan-06198.34.0%2351.1195.92503.5%

    Feb-06198.73.6%2358.0196.50003.5%

    Mar-06199.83.4%2364.5197.04173.5%

    Apr-06201.53.5%2371.4197.61673.5%

    May-06202.54.2%2379.5198.29173.7%

    Jun-06202.94.3%2387.9198.99173.8%

    Jul-06203.54.1%2396.0199.66673.9%

    Aug-06203.93.8%2403.5200.29173.9%

    Sep-06202.92.1%2407.6200.63333.7%

    Oct-06201.81.3%2410.2200.85003.4%

    Nov-06201.52.0%2414.1201.17503.3%

    Dec-06201.82.5%2419.1201.59173.2%

    Jan-07202.4162.1%2423.2201.93473.1%

    Feb-07203.4992.4%2428.0202.33463.0%

    Mar-07205.3522.8%2433.6202.79732.9%

    Apr-07206.6862.6%2438.8203.22942.8%

    May-07207.9492.7%2444.2203.68352.7%

    Jun-07208.3522.7%2449.7204.13782.6%

    Jul-07208.2992.4%2454.5204.53782.4%

    Aug-07207.9172.0%2458.5204.87252.3%

    Sep-07208.4902.8%2464.1205.33832.3%

    Oct-07208.9363.5%2471.2205.93302.5%

    Nov-07210.1774.3%2479.9206.65612.7%

    Dec-07210.0364.1%2488.1207.34242.9%

    Jan-08211.0804.3%2496.8208.06443.0%

    Feb-08211.6934.0%2505.0208.74733.2%

    Mar-08213.5284.0%2513.1209.42863.3%

    Apr-08214.8233.9%2521.3210.10673.4%

    May-08216.6324.2%2530.0210.83033.5%

    Jun-08218.8155.0%2540.4211.70223.7%

    Jul-08219.9645.6%2552.1212.67434.0%

    Aug-08219.0865.4%2563.3213.60504.3%

    Sep-08218.7834.9%2573.6214.46284.4%3.434094%4.4%

    Oct-08216.5733.7%2581.2215.09924.5%3.741034%4.5%

    Nov-08212.4251.1%2583.4215.28654.2%3.831384%4.2%

    Dec-08210.2280.1%2583.6215.30253.8%3.839100%

    Jan-09211.1430.0%2583.7215.3078208.06443.5%0.002438%

    Feb-09212.1930.2%2584.2215.3494208.74733.2%0.021791%

    Mar-09212.709-0.4%2583.4215.2812209.42862.8%-0.009909%

    Apr-09213.240-0.7%2581.8215.1493210.10672.4%-0.071179%

    May-09213.856-1.3%2579.0214.9179210.83031.9%-0.178625%

    Jun-09215.693-1.4%2575.9214.6578211.70221.4%-0.299462%

    Jul-09215.351-2.1%2571.3214.2733212.67430.8%-0.478010%

    Aug-09215.834-1.5%2568.0214.0023213.60500.2%-0.603879%

    Sep-09215.969-1.3%2565.2213.7678214.4628-0.324%-0.712796%

    Oct-09216.177-0.2%2564.8213.7348215.0992-0.634%-0.728123%Rounded HCol. JColumn I to

    Nov-09216.3301.8%2568.7214.0603215.2865-0.570%-0.576979%+minus6 digits

    Dec-09215.9492.7%2574.4214.5370215.3025-0.356%-0.355546%Rounded MCol Kas text

    Jan-10216.6872.6%2580.0214.9990215.3078-0.143399%0.002438%-0.1410%-0.1410%- 00.002438%

    Feb-10216.7412.1%2584.5215.3780215.34940.013273%0.021791%0.0350%0.0350%- 00.021791%

    Mar-10217.6312.3%2589.5215.7882215.28120.235506%-0.009909%0.2260%0.2260%- 0-0.009909%

    Apr-10218.0092.2%2594.2216.1856215.14930.481681%-0.071179%0.4110%0.4110%- 0-0.071179%

    May-10218.1782.0%2598.5216.5458214.91790.757421%-0.178625%0.5780%0.5780%- 0-0.178625%

    Jun-10217.9651.1%2600.8216.7351214.65780.967742%-0.299462%0.6690%0.6690%- 0-0.299462%

    Jul-10218.0111.2%2603.5216.9568214.27331.252333%-0.478010%0.7740%0.7740%- 0-0.478010%

    Aug-10218.3121.1%2606.0217.1633214.00231.477048%-0.603879%0.8730%0.8730%- 0-0.603879%

    Sep-10218.4391.1%2608.4217.3691213.76781.684655%-0.712796%0.9720%0.9720%- 0-0.712796%

    Oct-10218.7111.2%2611.0217.5803213.73481.799153%-0.728123%1.0710%1.0710%- 0-0.728123%

    Nov-10218.8031.1%2613.4217.7863214.06031.740670%-0.576979%1.1640%1.1640%- 0-0.576979%

    Dec-10219.1791.5%2616.7218.0555214.53701.640043%0.123592%0.1236%1.7640%(0.0164)0.123592%

    Jan-11220.2231.6%2620.2218.3502214.99901.558689%0.258893%0.2589%1.8180%(0.0156)0.258893%

    Feb-11221.3092.1%2624.8218.7308215.37801.556720%0.433682%0.4337%1.9910%(0.0156)0.433682%

    Mar-11223.4672.7%2630.6219.2172215.78821.589058%0.656989%0.6570%2.2460%(0.0159)0.656989%

    Apr-11224.9063.2%2637.5219.7919216.18561.668166%0.920895%0.9209%2.5890%(0.0167)0.920895%

    May-11225.9643.6%2645.3220.4408216.54581.798696%1.218817%1.2188%3.0180%(0.0180)1.218817%

    Jun-11225.7223.6%2653.0221.0872216.73512.008020%1.515629%1.5156%3.5240%(0.0201)1.515629%

    Jul-11225.9223.6%2661.0221.7464216.95682.207660%1.818334%1.8183%4.0260%(0.0221)1.818334%

    Aug-11226.5453.8%2669.2222.4325217.16332.426400%2.133360%2.1334%4.5590%(0.0243)2.133360%

    Sep-11226.8893.9%2677.6223.1367217.36912.653360%0.316575%0.3166%

    Oct-11226.4213.5%2685.4223.7792217.58032.849025%0.605427%0.6054%

    Nov-11226.2303.4%2692.8224.3981217.78633.035888%0.883676%0.8837%

    Dec-11225.6723.0%2699.3224.9392218.05553.156842%1.126934%1.1269%

    Jan-12226.6652.9%2705.7225.4760218.35023.263489%1.368280%1.3683%

    Feb-12227.6632.9%2712.1226.0055218.73083.325853%1.606330%1.6063%

    Mar-12229.3922.7%2718.0226.4993219.21723.321858%1.828307%1.8283%

    Apr-12230.0852.3%2723.2226.9308219.79193.248034%2.022336%2.0223%

    May-12229.8151.7%2727.0227.2518220.44083.089719%2.166612%2.1666%

    Jun-12229.4781.7%2730.8227.5648221.08722.929878%2.307329%2.3073%

    Jul-12229.1041.4%2734.0227.8299221.74642.743449%2.426541%2.4265%

    Aug-12230.3791.7%2737.8228.1494222.43252.570180%2.570180%2.5702%

    Sep-12231.4072.0%2742.3228.5259223.13672.415224%0.165023%0.1650%

    Oct-12231.3172.2%2747.2228.9339223.77922.303499%0.343854%0.3439%

    Nov-12230.2211.8%2751.2229.2665224.39812.169545%0.489628%0.4896%

    Dec-12229.6011.7%2755.1229.5939224.93922.069337%0.633138%0.6331%

    Jan-13230.2801.6%2758.7229.8952225.47601.959928%0.765178%0.7652%

    Feb-13232.1662.0%2763.2230.2704226.00551.887085%0.929654%0.9297%

    Mar-13232.7731.5%2766.6230.5522226.49931.789373%1.053148%1.0531%

    Apr-13232.5311.1%2769.1230.7560226.93081.685609%1.142490%1.1425%

    May-13232.9451.4%2772.2231.0168227.25181.656790%1.256815%1.2568%

    Jun-13233.5041.8%2776.2231.3523227.56481.664398%1.403868%1.4039%

    Jul-13233.5962.0%2780.7231.7267227.82991.710377%1.567942%1.5679%

    Aug-13233.8771.5%2784.2232.0182228.14941.695709%1.695709%1.6957%

    Sep-13234.1491.2%2787.0232.2467228.52591.628152%0.098484%1.7266%

    Oct-13233.5461.0%2789.2232.4324228.93391.528170%0.178542%1.7067%

    Nov-13233.0691.2%2792.0232.6698229.26651.484408%0.280833%1.7652%

    Dec-13233.0491.5%2795.5232.9571229.59391.464833%0.404674%1.8695%

    Jan-14233.9161.6%2799.1233.2601229.89521.463674%0.535267%1.9989%

    Feb-14234.7811.1%2801.7233.4780230.27041.392964%0.629189%2.0222%

    Mar-14236.2931.5%2805.3233.7713230.55221.396286%0.755616%2.1519%

    Apr-14237.0722.0%2809.8234.1498230.75601.470709%0.918714%2.3894%

    May-14237.9002.1%2814.8234.5627231.01681.534881%1.096681%2.6316%

    Jun-14238.3432.1%2819.6234.9659231.35231.561939%1.270482%2.8324%

    Jul-14238.2502.0%2824.2235.3538231.72671.565242%1.437639%3.0029%

    Aug-14237.8521.7%2828.2235.6850232.01821.580408%1.580408%3.1608%

    Sep-14238.0311.7%2832.1236.0085232.24671.619758%0.098484%1.7182%

    Oct-14237.4331.7%2836.0236.3324232.43241.677907%0.178542%1.8564%

    Nov-14236.1511.3%2839.1236.5893232.66981.684577%0.280833%1.9654%

    Dec-14234.8120.8%2840.8236.7362232.95711.622223%0.062098%1.6843%

    Jan-15233.707-0.1%2840.6236.7188233.26011.482751%0.054736%1.5375%

    Feb-15234.722-0.0%2840.6236.7138233.47801.385926%0.052658%1.4386%

    Mar-15236.119-0.1%2840.4236.6993233.77131.252506%0.046529%1.2990%

    Apr-15236.599-0.2%2839.9236.6599234.14981.072035%0.029869%1.1019%

    May-15237.805-0.0%2839.8236.6520234.56270.890736%0.026523%0.9173%

    Jun-15238.6380.1%2840.1236.6766234.96590.728049%0.036913%0.7650%

    Jul-15238.6540.2%2840.5236.7103235.35380.576366%0.051143%0.6275%

    Aug-15238.3160.2%2841.0236.7489235.68500.451415%0.067487%0.5189%

    Sep-15237.945-0.0%2840.9236.7418236.00850.310688%0.064458%0.3751%

    Oct-15237.8380.2%2841.3236.7755236.33240.187483%0.078723%0.2662%

    Nov-15237.3360.5%2842.5236.8743236.58930.120462%0.120462%0.2409%

    Dec-15236.5250.7%2844.2237.0170236.73620.118627%0.062098%0.1807%

    Jan-16236.9191.4%2847.4237.2847236.71880.239067%0.054736%0.2938%

    Feb-16237.1111.0%2849.8237.4838236.71380.325252%0.052658%0.3779%

    Mar-16238.1320.9%2851.8237.6515236.69930.402268%0.046529%0.4488%

    Apr-16239.2611.1%2854.5237.8733236.65990.512726%0.029869%0.5426%

    May-16240.2291.0%2856.9238.0753236.65200.601446%0.026523%0.6280%

    Jun-16241.0181.0%2859.3238.2737236.67660.674796%0.036913%0.7117%

    Jul-16240.6280.8%2861.3238.4382236.71030.729971%0.051143%0.7811%

    Aug-16240.8491.1%2863.8238.6493236.74890.802679%0.067487%0.8702%

    Sep-16241.4281.5%2867.3238.9395236.74180.928332%0.121622%1.0500%

    Oct-16241.7291.6%2871.2239.2638236.77551.050890%0.257491%1.3084%

    Nov-16241.3531.7%2875.2239.5985236.87431.150083%0.397759%1.5478%

    Dec-16241.4322.1%2880.1240.0074237.01701.261689%0.569106%1.8308%

    Jan-17242.8392.5%2886.0240.5008237.28471.355369%0.775825%2.1312%

    Feb-17243.6032.7%2892.5241.0418237.48381.498208%1.002517%2.5007%

    Mar-17243.8012.4%2898.2241.5142237.65151.625349%1.200472%2.8258%

    Apr-17244.5242.2%2903.4241.9528237.87331.714953%1.384249%3.0992%

    May-17244.7331.9%2907.9242.3281238.07531.786304%1.541523%3.3278%

    Jun-17244.9551.6%2911.9242.6562238.27371.839272%1.678998%3.5183%

    Jul-17244.7861.7%2916.0243.0027238.43821.914333%1.824190%3.7385%

    Aug-17245.5191.9%2920.7243.3918238.64931.987261%1.987261%3.9745%

    Sep-17246.8192.2%2926.1243.8411238.93952.051391%0.184579%2.2360%

    Oct-17246.6632.0%2931.0244.2523239.26382.084938%0.353511%2.4384%

    Nov-17246.6692.2%2936.3244.6953239.59852.127204%0.535522%2.6627%

    Dec-17246.5242.1%2941.4245.1196240.00742.130004%0.709864%2.8399%

    Jan-18247.8672.1%2946.5245.5386240.50082.094727%0.882014%2.9767%

    Feb-18248.9912.2%2951.9245.9876241.04182.051858%1.066490%3.1183%

    Mar-18249.5542.4%2957.6246.4670241.51422.050742%1.263463%3.3142%

    Apr-18250.5462.5%2963.6246.9688241.95282.073166%1.469647%3.5428%

    May-18251.5882.8%2970.5247.5401242.32812.150803%1.704351%3.8552%

    Jun-18251.9892.9%2977.5248.1263242.65622.254253%1.945183%4.1994%

    Jul-18252.0062.9%2984.7248.7279243.00272.356044%2.192384%4.5484%

    Aug-18251.9542.6%2991.2249.2642243.39182.412708%2.412708%4.8254%

    Sep-18252.7242.4%2997.1249.7563243.84112.425829%0.184579%2.6104%

    Oct-18252.8082.5%3003.2250.2683244.25232.463062%0.353511%2.8166%

    Nov-18252.4062.3%3009.0250.7464244.69532.472940%0.535522%3.0085%

    Dec-18252.1862.3%3014.6251.2183245.11962.488037%0.709864%3.1979%

    Jan-19252.4581.9%3019.2251.6008245.53862.468960%0.882014%3.3510%

    Feb-19253.4801.8%3023.7251.9749245.98762.433998%1.066490%3.5005%

    Mar-19254.4712.0%3028.6252.3847246.46702.400998%1.263463%3.6645%

    Apr-19255.4532.0%3033.5252.7936246.96882.358496%1.469647%3.8281%

    May-19256.5152.0%3038.5253.2042247.54012.288148%1.704351%3.9925%

    Jun-19256.9422.0%3043.4253.6169248.12632.212852%1.945183%4.1580%

    Jul-19257.0142.0%3048.4254.0343248.72792.133389%2.192384%4.3258%

    Aug-19257.1672.1%3053.6254.4687249.26422.087946%2.412708%4.5007%

    Sep-19257.8062.0%3058.7254.8922249.75632.056372%2.614885%4.6713%

    Oct-19258.0322.1%3063.9255.3275250.26832.021497%2.825280%4.8468%

    Nov-19257.7612.1%3069.3255.7738250.74642.004947%3.021705%5.0267%

    Forecasted numbers are in italics and price cap values are in bold.

    Price Cap w/Look-back12-Month Moving Average

    ActualForecastActualForecast

    Jan-10-0.141%-0.143%

    Feb-100.035%0.013%

    Mar-100.226%0.236%

    Apr-100.411%0.482%

    May-100.578%0.757%

    Jun-100.669%0.968%

    Jul-100.774%1.252%

    Aug-100.873%1.477%

    Sep-100.972%1.685%

    Oct-101.071%1.799%

    Nov-101.164%1.164%1.741%

    Dec-100.124%0.124%0.697%

    Jan-110.259%0.259%0.833%

    Feb-110.434%0.434%1.009%

    Mar-110.657%0.657%1.234%

    Apr-110.921%0.921%1.499%

    May-111.219%1.219%1.196%

    Jun-111.516%1.516%2.086%

    Jul-111.818%1.818%2.296%

    Aug-112.133%0.000%2.594%

    Sep-110.317%2.883%

    Oct-110.605%3.151%

    Nov-110.884%3.415%

    Dec-111.127%

    Jan-121.368%

    Feb-121.606%

    Mar-121.828%

    Apr-122.022%

    May-122.167%

    Jun-122.307%

    Jul-122.427%

    Aug-122.570%

    Sep-120.165%

    Oct-120.344%

    Nov-120.490%

    Dec-120.633%

    Jan-130.765%

    Feb-130.930%

    Mar-131.053%

    Apr-130.088%1.142%

    May-130.202%1.257%

    Jun-130.347%1.404%

    Jul-130.509%1.568%1.568%

    Aug-131.696%

    Sep-130.098%

    Oct-130.179%

    Nov-130.281%

    Dec-130.405%

    Jan-140.535%

    Feb-140.629%

    Mar-140.756%

    Apr-140.919%

    May-141.097%

    Jun-141.270%

    Jul-141.438%

    Aug-141.580%

    Sep-141.718%1.718%

    Oct-141.856%1.856%

    Nov-141.965%1.965%

    Dec-140.062%0.062%

    Jan-150.055%0.055%

    Feb-150.053%0.053%

    Mar-150.047%0.047%

    Apr-150.030%0.030%

    May-150.027%0.027%

    Jun-150.037%0.037%

    Jul-150.051%0.051%

    Aug-150.067%0.067%

    Sep-150.064%0.064%

    Oct-150.079%0.014%

    Nov-150.120%0.056%

    Dec-150.181%0.116%

    Jan-160.294%0.229%

    Feb-160.378%0.313%

    Mar-160.449%0.384%

    Apr-160.543%0.093%

    May-160.628%0.179%

    Jun-160.712%0.263%

    Jul-160.781%0.333%

    Aug-160.870%0.413%0.413%

    Sep-160.122%0.526%

    Oct-160.257%0.654%

    Nov-160.398%0.793%

    Dec-160.569%0.959%

    Jan-170.776%1.137%

    Feb-171.003%1.348%

    Mar-171.200%1.571%

    Apr-171.384%1.781%

    May-171.542%1.992%

    Jun-171.679%2.196%

    Jul-171.824%2.427%

    Aug-171.987%2.663%

    Sep-170.185%2.889%

    Oct-170.354%3.098%

    Nov-170.536%3.297%

    Dec-170.710%3.496%

    Jan-180.882%

    Feb-181.066%

    Mar-181.263%

    Apr-181.470%

    May-181.704%

    Jun-181.945%

    Jul-182.192%

    Aug-182.419%2.419%

    Sep-182.610%

    Oct-182.817%

    Nov-183.008%

    Dec-183.198%

    Jan-193.351%

    Feb-193.500%

    Mar-193.664%

    Apr-193.828%

    May-193.992%

    Jun-194.158%

    Jul-194.326%

    Aug-194.501%

    Sep-194.671%

    Oct-194.847%

    Nov-195.027%

    Expected FilingMonth for Jan2017 Implement

    4115341153

    4118341183

    4121441214

    4124441244

    4127541275

    4130641306

    4133441334

    4136541365

    4139541395

    4142641426

    4145641456

    4148741487

    4151841518

    4154841548

    4157941579

    4160941609

    4164041640

    4167141671

    4169941699

    4173041730

    4176041760

    4179141791

    4182141821

    4185241852

    Actual

    Forecast

    Forecast for 2013-14 Price CapActual CPI-U Values thru 7/16/13 and Global Insight Forecast

    0.0016502343

    0.0034385361

    0.0048962796

    0.0063313771

    0.0076517838

    0.0092965392

    0.0105314755

    0.0114248959

    0.0125681525

    0.0140386801

    0.0156794177

    0.0156794177

    0.0169570892

    0.0009848367

    4151841518

    4154841548

    4157941579

    4160941609

    4164041640

    4167141671

    4169941699

    4173041730

    4176041760

    4179141791

    4182141821

    4185241852

    0.017182414

    0.0185644914

    0.0196540942

    0.0006209778

    0.0005473621

    0.0005265807

    0.000465293

    0.0002986893

    0.0002652276

    Actual

    Forecast

    Price Cap Forecast for 2015 Price Change

    0.0009848367

    0.0017854205

    0.0028083289

    0.0040467377

    0.0053526699

    0.0062918924

    0.0075561612

    0.0091871398

    0.0109668137

    0.0127048241

    0.0143763886

    0.0158040786

    Actual

    Projected

    Price Cap

    Price Cap Projection - Periodicals, Package Services, & Special Services

    Actual

    Forecasted

    Price Cap

    CPI-U Moving Average for January 2019 Price Change

    2.413%

  • RECOMMENDED 2019 MAILING PROMOTIONS CALENDAR

    DRAFT Proposed for 2019 Rate Case Filing

    Mobile Shopping

    MARKETING MAIL

    MARKETING MAIL AND FIRST-CLASS MAIL

    Personalized and Preprinted Color Transpromo Registration

    May 15 - Dec 31Promotion Period (6 months)

    July 1 – December 31

    RegistrationJan 15 – Aug 31

    Promotion Period (6 months)March 1 – August 31

    Emerging & Advanced Technology

    RegistrationDec 15 – July 31

    Promotion Period (6 months)February 1 – July 31

    Tactile, Sensory & Interactive Engagement

    RegistrationJune 15 – Dec 31

    JAN – FEB – MARCH APRIL – MAY – JUNE JULY – AUG – SEPT OCT – NOV – DEC

    Promotion Period (5 months)August 1 – December 31)

    Earned Value Promotion Period (3 months)

    April 1 – June 30

    *registration closes Mar 31, 2019

    RegistrationFeb 15 -

    Mar 31, 2019

    FIRST-CLASS MAIL

    Informed Delivery• Registration• July 15 – Nov 30

    • Promotion Period (3 months)• September 1 – November 30

  • 6

    First-Class Mail - ~2.5% overall increase

    Product CPI Percent Change

    Single-piece Letters & Cards 7.5%Flats -11.0%Presort Letters & Cards 1.0%First-Class Mail International*(includes letters, cards, and flats)

    0.0%

    • First-Class stamp price moves to 55 cents• Promotions reinstated for 2019

    * Does not include International Inbound

    2019 Price Change

  • 7

    Key First-Class Mail Single-Piece Prices CurrentPrice

    NewPrice

    PercentChange

    Stamp Price 1 Oz. 0.50 0.55 10.0%

    Single Piece Additional Ounce 0.21 0.15 -28.6%

    Meter Price 1 Oz. 0.47 0.50 6.4%

    Single-Piece Flats 1 Oz. 1.00 1.00 0.0%

    Single-Piece Cards 0.35 0.35 0.0%

    2019 Price Change

  • 8

    Key First-Class Mail Bulk Prices CurrentPrice

    NewPrice

    PercentChange

    Mixed AADC Automation Letters 0.424 0.428 0.9%

    AADC Automation Letters 0.408 0.412 1.0%

    5-Digit Automation Letters 0.378 0.383 1.3%

    Mixed ADC Automation Flats* 0.705 0.727 3.1%

    3-Digit Automation Flats* 0.593 0.605 2.0%

    5-Digit Automation Flats* 0.474 0.486 2.5%

    *Including the price reduction for extra ounce pieces, Flats prices will decrease by an average of 11.0%.Note: Full Service IMb discount remains at $0.003.

    2019 Price Change

  • 9

    USPS Marketing Mail

    Product CPI Percent Change

    Letters 2.4%

    Flats 2.6%

    Carrier Route Letters, Flats, and Parcels 0.7%

    High Density / Saturation Letters 3.8%

    High Density / Saturation Flats and Parcels 3.6%

    Parcels 2.7%

    EDDM-Retail 5.1%

    ~2.5% overall increase

    Note: Full Service IMb discount increases to $0.003.

    2019 Price Change

  • Key USPS Marketing Mail Commercial Origin Prices CurrentPrice

    NewPrice

    PercentChange

    Letters(5-Digit Auto entered at Origin)

    $0.251 $0.256 1.99%

    Flats(5-Digit Auto Flat entered at Origin)

    $0.393 $0.405 3.05%

    Carrier Route(Flat entered at Origin)

    $0.295 $0.300 1.69%

    High Density/Saturation Letters(Saturation Letter entered at Origin)

    $0.186 $0.190 2.15%

    High Density/Saturation Flats(Saturation Flat entered at Origin)

    $0.219 $0.224 2.28%

    EDDM-Retail $0.178 $0.187 5.06%

    10

    2019 Price Change

  • USPS Marketing Mail Nonprofit Origin Prices CurrentPrice

    NewPrice

    PercentChange

    Letters(5-Digit Auto entered at Origin) $0.136 $0.138 1.47%

    Flats(5-Digit Auto Flat entered at Origin) $0.227 $0.231 1.76%

    Carrier Route(Flat entered at Origin) $0.213 $0.216 1.41%

    High Density/Saturation Letters(Saturation Letter entered at Origin) $0.111 $0.111 0.00%

    High Density/Saturation Flats(Saturation Flat entered at Origin) $0.136 $0.136 0.00%

    11

    2019 Price Change

  • Marketing Mail Comm,Auto Letters

    CurrentPrice

    NewPrice

    $ Difference % Difference

    Mixed Origin $0.287 $0.291 $0.004 1.39%

    5-Digit Origin $0.251 $0.256 $0.005 1.99%

    5-Digit DNDC $0.227 $0.234 $0.007 3.08%

    5-Digit DSCF $0.220 $0.228 $0.008 3.64%

    HD DSCF $0.172 $0.184 $0.012 6.98%

    Saturation Origin $0.186 $0.190 $0.004 2.15%

    Saturation DNDC $0.164 $0.170 $0.006 3.66%

    Saturation DSCF $0.158 $0.165 $0.007 4.43%

    $0.024 $0.022

    $0.006$0.007

    $0.022

    $0.006

    $0.020

    $0.005

    12

    2019 Price Change

  • Marketing Mail NonprofitAuto Letters

    CurrentPrice

    NewPrice

    $ Difference % Difference

    Mixed Origin $0.172 $0.173 $0.001 0.58%

    5-Digit Origin $0.136 $0.138 $0.002 1.47%

    5-Digit DNDC $0.112 $0.116 $0.004 3.57%

    5-Digit DSCF $0.105 $0.110 $0.005 4.76%

    HD DSCF* $0.090 $0.099 $0.009 10.00%

    Saturation Origin $0.111 $0.111 $0.000 0.00%

    Saturation DNDC $0.089 $0.091 $0.002 2.25%

    Saturation DSCF $0.083 $0.086 $0.003 3.61%

    $0.024 $0.022

    $0.006$0.007

    $0.022

    $0.006

    $0.020

    $0.005

    2019 Price Change

    13

  • Marketing Mail Comm.Auto Flats

    CurrentPrice

    New Price

    $ Difference

    % Difference

    5-Digit DSCF $0.340 $0.352 $0.012 3.53%

    C-R Basic DSCF $0.257 $0.262 $0.005 1.95%

    Pure C-R DSCF $0.238 $0.241 $0.003 1.26%

    Pure C-R DDU $0.227 $0.232 $0.005 2.20%

    HD DSCF (125 pieces) $0.194 $0.205 $0.011 5.67%

    HD+ DSCF (300 pieces) $0.173 $0.187 $0.014 8.09%

    Saturation DSCF (90%) $0.165 $0.179 $0.014 8.48%

    Saturation DDU (90%) $0.156 $0.161 $0.005 3.21%

    $0.019

    $0.009$0.011

    $0.090

    $0.021

    $0.083

    14

    2019 Price Change

  • Marketing Mail Pound-Rate Commercial Flats

    Rev/Pc – 8 oz. Auto Flats

    CurrentRev/Pc*

    New Rev/Pc*

    $Difference

    %Difference

    5-Digit DSCF $0.511 $0.525 $0.014 2.84%

    C-R Basic DSCF $0.393 $0.400 $0.007 1.65%

    Pure C-R DSCF $0.374 $0.379 $0.005 1.20%

    Pure C-R DDU $0.352 $0.360 $0.008 2.13%

    HD DSCF $0.293 $0.311 $0.018 6.32%

    HD+ DSCF $0.272 $0.293 $0.021 7.92%

    Saturation DSCF $0.264 $0.285 $0.021 8.16%

    Saturation DDU $0.246 $0.251 $0.005 2.04%

    *Current and New Revenue per piece rounded to 3 decimal points15

    2019 Price Change

  • 16

    Periodicals CPI PercentChange

    Outside County 2.54%

    Inside County 2.02%

    The top 100 large circulation publications will pay between 2.0 and 2.9 percent more in postage from this price change.

    On average, heavier weight mailers will also see their postage increase by less than CPI.

    On average, large Nonprofit mailers will see increase in their prices from 1.3 to 2.8 percent.

    On average, smaller, low circulation publications (less than 150 thousand per issue) will see above average increases due to small circulation, lighter weight pieces and a higher percentage of non-machinable pieces.

    Ride Along Prices changed by $0.002 or 1.1%

    2019 Price Change

  • 17

    Package Services - ~2.5% overall increaseProduct CPI Percent Change

    Media Mail/Library Mail 2.95%Alaska Bypass 2.21%Bound Printed Matter

    Flats- Overall 2.47%Origin – Carrier Route 0.81%DSCF – Carrier Route 3.11%DDU – Carrier Route 0.74%

    Parcels - Overall 2.22%Origin - Basic Presort 1.51%DSCF - Basic Presort 3.22%DDU - Basic Presort 2.12%

    2019 Price Change

  • 18

    Product CPI Percent Change

    PO Boxes™ 4.0%

    Certified Mail® 1.5%

    Return Receipt 2.9%

    Certificate of Mailing 3.1%

    Address Correction Service 1.5%

    All Other 2.8%

    Extra Services - ~2.5% overall increase

  • Competitive Prices Jan. 2019Products % Change

    Priority Mail 5.9%

    Priority Mail Express 3.9%

    Parcel Select Non-Lightweight (destination entered) 9.3%

    Parcel Select Ground -1.3%

    Parcel Select Lightweight (PSLW) 12.3%

    First-Class Package Service (FCPS) 12.3%

    Retail Ground 3.9%

    Parcel Return Service (PRS) 6.8%

    International 5.1%

    2019 Price Change

    FCPS will include zoned based pricing.DIM weighting will apply to all entries and zones for PM, PME and Parcel Select >1 cubic foot w/ DIM divisor of 166.

  • 20

    ResourcesOnline Postal Explorer® ─ pe.usps.com

    • Current and new prices− Including downloadable price files in excel and CSV

    formats

    • Federal Register notices

    • Domestic Mail Manual & International Mail Manual

    DMM® Advisory ─ posted on Postal Explorer, also special e-mail updates

    2019 Price Change

  • Questions?

    21

    Slide Number 1Slide Number 2Slide Number 3Slide Number 4Slide Number 5Slide Number 6Slide Number 7Slide Number 8Slide Number 9Slide Number 10Slide Number 11Slide Number 12Slide Number 13Slide Number 14Slide Number 15Slide Number 16Slide Number 17Slide Number 18�Slide Number 20Slide Number 21