Cost of the "Twelve Days of Christmas" up in 2008

TallHungLB

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TRUE LOVES TO FACE MOST EXPENSIVE CHRISTMAS EVER
AS PNC CHRISTMAS PRICE INDEX JUMPS 8.1 PERCENT IN 2008


For 24 years, PNC Wealth Management 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 Consumer Price Index, a widely followed measure of inflation produced by the U.S. Department of Labor’s Bureau of Labor Statistics.

From the partridge to the drummers, it’s a fun way for students, children and adults to learn about the economy.

http://www.pncchristmaspriceindex.com/CPI/index.html

*The “Christmas Price Index” is an index of the current costs of one set of each of the gifts given by the “True Love” to the singer of the song, “The Twelve Days of Christmas.”
 
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