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True Loves Will Spend Record Amount on 10 Lords-a-Leaping and All the Rest of It [MarketWatch]

PNC Financial Services Group, Inc. (The) (PNC) 
Last pnc financial services group, inc. (the) earnings: 4/15 06:41 am Check Earnings Report
Company Research Source: MarketWatch
This feature is powered by text-to-speech technology. Want to see it on more articles? Give your feedback below or email product@barrons.com thumb-stroke-medium thumb-stroke-medium True Loves will pay a record amount to buy all the gifts mentioned in “The 12 Days of Christmas” this season. Scrooges everywhere can blame the rising price of turtle doves, laying geese, and lords-a-leaping. Including the partridge in the pear tree all the way through the drummers drumming, the price tag is up 2.7%, to $46,729.86. Counting all the gifts repeated through the entire song, the price is up 2.5% to $201,972.66 from last year. PNC Financial Services Group has calculated its so-called Christmas Price Index for the past 40 years. There is some welcome news for weary shoppers: The price increase this year is far less than last year's 10.5% gain. Advertisement Officially, the most recent reading of the consumer price index showed inflation rising 3.2% from one year ago. This year' Show less Read more
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