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Here’s How Much ‘The 12 Days of Christmas’ Gifts Would Cost in 2018 [Fortune]

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: Fortune
Holiday lovebirds might get a better deal on partridges, golden rings and maids-a-milking this year than Americans who don’t base their gift lists on classic carols. The cost of buying all goods and services in “The Twelve Days of Christmas” has gone up by roughly half the pace of overall U.S. inflation, according to a Christmas price index compiled by PNC Financial Services Group . While replicating the song isn’t cheap — the total cost would be more than $39,000 — that’s only 1.2 percent higher than last year. Price increases in the rest of the economy have averaged about 2.5 percent so far in 2018. PNC says the lower inflation rate can be explained in part by plunging gold prices, which have made five 14-carat gold rings $75 dollars cheaper to buy this year than last. The cost of many types of birds listed in the song have remained stagnant, with the notable exception of egg-laying geese, whose prices shot up. A static federal minimum wage means nine ladies dancing Show less Read more
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