Royal Mail is to increase the costs of both first and second class stamps from 30 March.
The news was contained in an announcement about wider pricing of letters and parcels.
It said the prices for first and second class stamps would rise 1p to 63p and 54p respectively, insisting the cost remained among the best in terms of value offered across Europe.
Sending a large letter would increase by 2p to 95p for first class and by 1p to 74p for second class, Royal Mail said.
Royal Mail also announced that it was simplifying and cutting the price of sending a second-class medium parcel, and will maintain prices for second-class small parcels which was introduced as a Christmas promotion.
It meant parcels weighing up to 2kg would be priced at £4.89, which Royal Mail said represented a saving of up to £3.11.
The postal group said it had thought "carefully" about the impact on its customers before deciding to raise letter prices, adding that it recognised how the recent tough economic conditions had made it difficult for consumers and businesses.
Royal Mail has long complained about the costs of its Universal Service Obligation, which forces it to deliver to every UK home for the price of a stamp.
It has accused rivals of "cherry-picking" - concentrating their operations in urban areas - though the industry regulator has said it sees no reason to re-examine the USO under Royal Mail's complaint it has uneconomic.
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