[TSP_Strategy] Twelve Days of Christmas - True Cost

 

Charts of the Week

The True Cost of the "Twelve Days of Christmas"

Chart of the Week for December 9, 2016 - December 15, 2016

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 2016, many prices were unchanged. The Turtle Doves had the largest price increase at $85 (29.3% increase) due to a shortage of doves and the Pipers Piping and Drummers Drumming each increased 2.8% due to higher wages. The only price decrease was the Partridge, which declined $5 (20%), the cost of the Pear Tree was unchanged. The overall 2016 cost was $155,508 for the gifts detailed in the verses of the song, including every repetition, which is a 0.7% increase from 2015. The increase was less than the U.S. Consumer Price Index year-over-year increase, which stood at 1.6 % through October 2016.

Happy Holidays!

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Posted by: sarah_oz@yahoo.com

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