Christmas Price Index, 2006-7
Every year since 1984, PNC Wealth Management has calculated the cost of the gifts in the classic holiday song ?The Twelve Days of Christmas.?
|One Partridge in a Pear Tree||$164.99||144.99||13.8%|
|Two Turtle Doves||40.00||40.00||0.00|
|Three French Hens||45.00||45.00||0.00|
|Four Calling Birds||599.96||479.96||25.00|
|Five Gold Rings||395.00||325.00||21.50|
|Nine Ladies Dancing||4,759.19||4,759.19||0.00|
|Eleven Pipers Piping||2,213.40||2,124.00||4.20|
|Twelve Drummers Drumming||2,397.85||2,301.00||4.20|
|Total Christmas Price Index||$19,507.25||$18,920.59||3.10%|
|True Cost of Christmas in song1||$78,100.10||$75,122.03||4.00%|
1. Total cost of items if one repeated all earlier verses on each successive day: that is, 12 (1 x 12) partridges in pear trees, 22 (2 x 11) calling birds, 30 (3 x 10) French hens, and so on.
PNC Wealth Management, /node/80738
|U.S. Direct Investment in Other Countries, 2002||U.S. Economy and the Federal Budget||Christmas Price Index, 2006-2007|
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