Somewhat OT-PNC 12 Days Of Christmas

logicDecember 10, 2008

I received this email from our bank...for those who don't get how the recent COL price increases has tapped out even those who were not living "beyond their means", it is an interesting eye opener.

"24th Annual PNC Christmas Price Index Up 8.1%.

Cost of "The Twelve Days of Christmas" Song Items Reflect Consumer Pricing Trends.

We are proud to share the results of our 24th annual PNC Christmas Price Index, a tongue-in-cheek economic analysis by PNC Wealth Management based on the cost of the gifts in the holiday classic, "The Twelve Days of Christmas."

According to the annual Christmas Price Index, the cost of "The Twelve Days of Christmas" is $21,080 - an increase of $1,573 over last year. The PNC CPI exceeds the U.S. governmentÂs Consumer Price Index  the widely used measure of inflation calculated by the Bureau of Labor Statistics - which is up 3.7 percent this year. The increase of 8.1 percent represents the second biggest leap in the history of the whimsical economic analysis.

As part of the annual tradition, PNC Wealth Management also tabulates the "True Cost of Christmas," which is the total cost of items gifted by a True Love who repeats all of the songÂs verses. This holiday season, very generous True Loves will pay more than ever before Â$86,609Âfor all 364 items, up from $78,100 in 2007, a staggering 10.9 percent increase.

For a historical look at PNCÂs Index, please visit our updated Web site at

Each year, educators across the country are using the Christmas Price Index to teach economic trends to students of all ages. With that in mind, this yearÂs site includes interactive activities, annual results and PNC CPI trends in a Flash presentation, MP3 download, games and much more.


PNC Bank

Thank you for reporting this comment. Undo

It's probably attributable to the 5 golden rings. Although, poultry prices are up as well. :)

    Bookmark   December 11, 2008 at 2:25PM
Sign Up to comment
More Discussions
Would you buy a home near fire station??
We're considering an offer on a single-family home...
Relocating and Finding New Services/People/Businesses
If you are moving or have moved to an unfamiliar town...
Will realtor give me the photos of my house for memories?
We are putting our house on the market in order to...
Questions for buying a home with a septic system
I just came across an interesting article about issues...
Figuring out who is a good Real Estate Broker?
I want to explore the market right now and get out...
prairiemoon2 z6 MA
Sponsored Products
Feathered Bird Clip-On Ornament Set
$17.99 | zulily
Pink 45661R 23.8 ft 5C Green Wire 70 LED Christmas Lights
7.5-foot Dunhill White Iridescent Tree with 600 Clear Lights
Adam's Rose Wine Carafe
Classic Hostess
Pre-lit Virginia Pine Artificial Christmas Tree. with Traditional Stand
$749.00 | FRONTGATE
Set of Five Flocked Christmas Tree Picks
Grandin Road
People viewed this after searching for:
© 2015 Houzz Inc. Houzz® The new way to design your home™