The True Cost of the "Twelve Days of Christmas"
Chart of the Week for December 4, 2015 - December 10, 2015
Since 1984, PNC Wealth Management ("PNC") has tracked the cost of the goods and services given as gifts in the classic "Twelve Days of Christmas" holiday song. For 2015, PNC adjusted the current prices of the turtle doves and swans to better reflect open market pricing, and adjusted their historical data accordingly. The 2015 cost was $155,407 for the gifts detailed in the verses of the song, including every repetition, which is a 0.6% increase from 2014. The increase was less than the U.S. Consumer Price Index year-over-year increase, which stood at 1.9 % through October 2015.
Happy Holidays!
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Posted by: sarah_oz@yahoo.com
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