Deutsche Post Seeks Significant Increase in Letter Postage Rates

The company argues for a higher price hike than the 10.5% proposed by the regulatory authority, citing inflation and profit margins.

The current price for sending a standard letter in Germany is 85 cents, but this is expected to rise in January 2025.
Deutsche Post is pushing for a price increase greater than the 10.5% suggested by the Bundesnetzagentur.
CEO Tobias Meyer claims the proposed increase does not meet the profit margins allowed by law.
The Bundesnetzagentur, which must approve the new rates, is expected to finalize its proposal in the coming weeks.
Deutsche Post has expressed dissatisfaction with the regulatory authority's proposal and is considering legal action if their demands are not met.