Newspaper article St Louis Post-Dispatch (MO)

'12 Days of Christmas' Items Top $34K, Up 0.6 Percent

Newspaper article St Louis Post-Dispatch (MO)

'12 Days of Christmas' Items Top $34K, Up 0.6 Percent

Article excerpt

PITTSBURGH * Lords a-leaping, the U.S. economy is slow to recover.

The cost of 10 lords a-leaping increased 3 percent over last year, but nine of the other 12 gifts listed in the carol "The Twelve Days of Christmas" stayed the same price as last year, according to the 32nd annual PNC Wealth Management Christmas Price Index released Monday.

The index is a whimsical way the Pittsburgh-based bank tracks inflation.

The set of gifts spelled out in the final verse of the song would cost $34,131 this year, or 0.6 percent more than the adjusted 2014 price of $33,933.

PNC calculates the prices from sources including retailers, bird hatcheries and Philadelphia dance groups.

A buyer who purchased all the items each time they are mentioned in the song would spend $155,407. …

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