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Magyar Posta to Raise Letter Rates

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Magyar Posta will raise its rates for letter delivery from January 1, the state-owned postal company said on Friday, according to a report by state news wire MTI.

The rate for a priority letter up to 50 g will rise from HUF 300 to HUF 310. The rate for non-priority letters up to 50 g will increase from HUF 210 to HUF 230.

Magyar Posta said the increases were under the rate of inflation and that its tariffs were still among the lowest in the region.

Magyar Posta delivers close to 450 million letters a year. About 90% are sent by businesses.

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