New postal tariffs approved for 2001


/ Updated on 24.01.2008

The Instituto das Comunicações de Portugal (ICP) signed a new tariff system agreement for postal services with the Directorate-General of Commerce and Competition (DGCC) and the CTT (Post Offices of Portugal). At the same time, an agreement on service quality was signed between ICP and the CTT. Both documents were signed within the scope of the Basic Law for Postal Services and the Concession Contract established between the State and the CTT.

Said tariff system agreement will be valid for three years. It stipulates that the annual average price variation for reserved postal services will be equal to the Consumer Price Index (CPI), thus representing a zero variation in real terms. By reserved postal services one is referring to correspondence up to 350 grams, whose price is not above five times the public tariff for sending standardised correspondence of the first weight scale more quickly.

Thus, in 2001, the price for normal postage, for correspondence up to 20 grams, will be reduced by 0.9% in real terms. This is equivalent to a 1.9% increase in nominal terms, with the price going up from PTE 52 to PTE 53. For stamps sold in automatic machines or in sets of ten, the price for normal postage remains unchanged at PTE 50. In the same way, the postage price for priority mail (blue), for correspondence up to 20 grams, will also remain unchanged at PTE 85.


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