It’s a PNC tradition to calculate today’s cost of the twelve gifts mentioned in “The Twelve Days of Christmas,” and this year is no exception.
The PNC Christmas Price Index® is similar to the U.S. Consumer Price Index, which measures the changing prices of goods and services like housing, food, clothing, transportation and more that reflect the spending habits of the average American.
The goods and services in the PNC Christmas Price Index are far more whimsical, of course. And most years, the price changes closely mirror those in the U.S. Consumer Price Index. It’s a fun way to measure consumer spending and trends in the economy. So even if Pipers Piping or Geese-a-Laying didn’t make your gift list this year, you can still learn a lot by checking out why their prices have increased or decreased over the years.
We invite you to visit our interactive website to enjoy the whimsical, 33rd edition of the 2016 PNC Christmas Price Index!
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