Thanks to the PNC Christmas Price Index the economy can be tracked when illustrating the purchase of gifts for the traditional Twelve Days of Christmas. The Index shows, in keeping with inflation, Christmas gets more expensive each year with a 1.8% increase over last year; itself an 8.1% increase over the previous year.
This year’s True Cost of Christmas is showing to be the most expensive to date at $21,465.56 or £13,067.31 and according to the chart the most expensive hike this year would be the purchase of Three French Hens at 50%, or $15 dollars, more than last year. Whilst they are the least expensive overall, the Partridge in a Pear Tree is $60 cheaper and -27.3% down. The Five Gold Rings follow closely behind at a 42.9% increase or $150 dollars more. Nine Ladies Dancing have risen by $713.88 with an increase of +15% and would be the most expensive purchase.
The entertainment section, according to the Index, has shown no movement with Calling Birds, Lords-a-Leaping, Pipers Piping and Drummers Drumming doing what they do without any change.
Maybe we should do a quick calculation of our tongue in cheek version: : A Perfect Economy.
On the First day of Christmas my true love sent to me: A Perfect Economy
On the Second day of Christmas my true love sent to me: 2 Treasure Troves
On the Third day of Christmas my true love sent to me: 3 Strong Yens
On the Fourth day of Christmas my true love sent to me: 4 Gold Standards
On the Fifth day of Christmas my true love sent to me: 5 Gold Rings
On the Sixth day of Christmas my true love sent to me: 6 Banks a Paying
On the Seventh day of Christmas my true love sent to me: 7 Awesome Winnings
On the Eighth day of Christmas my true love sent to me: 8 Traders Trading
On the Ninth day of Christmas my true love sent to me: 9 Grand for Cashing
On the Tenth day of Christmas my true love sent to me: 10 Boards Off-Shoring
On the Eleventh day of Christmas my true love sent to me: 11 Debts Just Wiped Out
On the Twelfth day of Christmas my true love sent to me: 12 Savers Saving
(Image Credit: Kolio Taylor)
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