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The Christmas Price Index is a tongue-in-cheek economic indicator, maintained by the U.S. bank PNC Wealth Management, which tracks the cost in USD of the items in the carol "The Twelve Days of Christmas". The woman responsible for maintaining the list since 1986 is Rebekah M. McCahan.
The core Christmas Price Index rose 3.7% this year, a far more muted increase than last year’s 15.4% gain. However, plenty of volatility could come in the months after ringing in the new year...
The total costs of all goods and services for the 2023 Christmas Price Index is US$46,729.86, or US$ 201,972.18 for all 364 items. The original 1984 cost was $12,623.10. The index has been humorously criticised for not accurately reflecting the true cost of the gifts featured in the Christmas carol.
In the 39 years since PNC started the Christmas Price Index, this holiday season is the third highest in price increases. Inflation hits the '12 Days of Christmas' hard this year. Here's...
The 2023 PNC Christmas Price Index found the overall price climbed just 2.7% this year, a little north of the Fed’s overall year-over-year target rate, but miles better than the 10.5%...
The Christmas Price Index is a tongue-in-cheek economic indicator, maintained by the U.S. bank PNC Wealth Management, which tracks the cost of the items in the carol "The Twelve Days of Christmas". [29] [30] PNC compiles both a "Christmas Price Index" and "The True Cost of Christmas."
PNC released its annual Christmas Price Index, and it showed that prices for items from the 12 Days of Christmas carol rose by 0.7 percent from last year.
Price index. A price index ( plural: "price indices" or "price indexes") is a normalized average (typically a weighted average) of price relatives for a given class of goods or services in a given region, during a given interval of time. It is a statistic designed to help to compare how these price relatives, taken as a whole, differ between ...
We hate to break it to you, but giving someone every gift mentioned in the song would cost you a small fortune — around $41,205.58, according to the current Christmas price index.
The song is piped through the speakers in our favorite stores all season long. Your kids may sing it endlessly on car rides. It's "The 12 Days of Christmas." But where did it come from and, apart ...