PNC Christmas Price Index: the cost of The Twelve Days of Christmas
December 10, 2007 – 11:00 am
This year “The Twelve Days of Christmas” will cost your True Love $19,507, an increase of 3.1% over last year, according to the 23rd Annual PNC Christmas Price Index. That rise is consistent with the 3.5% increase in the U.S. government’s Consumer Price Index so far this year. [via]
Here’s the breakdown of the 12 days…
1 Partridge in a Pear Tree - $164.99
2 Turtle Doves - $40
3 French Hens - $45
4 Calling Birds - $599.96
5 Gold Rings - $395
6 Geese-a-Laying - $360
7 Swans-a-Swimming - $4,200
8 Maids-a-Milking - $46.80
9 Ladies Dancing - $4,759.19
10 Lords-a-Leaping - $4,285.06
11 Pipers Piping - $2,213.40
12 Drummers Drumming - $2,397.85
PNC Christmas Price Index
Now in its 23rd edition, the PNC Christmas Price Index has educated and entertained bankers, consumers and students alike with its tongue-in-cheek look at the economy. The following resources will provide you with more information on the history of the Christmas Price Index, this year’s results and how the results reflect current and past economic trends.
History
For 23 years, PNC has calculated the cost of the items in the song “The Twelve Days of Christmas” if purchased at current prices. Over the years, trends have emerged and the Christmas Price Index has often increased or decreased at a rate consistent with the other CPI- the Consumer Price Index, a widely followed measure of inflation produced by the Bureau of Labor Statistics. From the Partridge to the Drummers, it’s a fun way for children and adults to learn about the economy.
For more information about the cost of The Twelve Days of Christmas, visit http://www.pncchristmaspriceindex.com/
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