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Wednesday, December 1, 2010

The cost of "The Twelve Days of Christmas"

For the 27th year, PNC Wealth Management has estimated the cost of "The Twelve Days of Christmas." And if you wanted to buy the 364 items repeated in the song, that price tag would be close to $100,000.

The total is $96,824, an increase of 10.8 percent over last year, according to the annual Christmas Price Index compiled by PNC Wealth Management.

The 27th annual holiday index has historically mirrored the national Consumer Price Index, but not this year. The PNC Christmas Price Index grew 9.2 percent from last year, compared with just a 1.1 percent increase in the much broader Consumer Price Index.

Read more here.

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