MILWAUKEE -- So how much would the items from the "12 Days of Christmas" song really cost? Chris Goller and Lori Craig from PNC Bank explain this year's price index.
About the PNC Price Index (website)
The PNC Christmas Price Index® shows the current cost for one set of each of the gifts given in the song "The Twelve Days of Christmas."
It is similar to the U.S. Consumer Price Index, which measures the changing prices of goods and services like housing, food, clothing, transportation and more that reflect the spending habits of the average American.
The goods and services in the PNC Christmas Price Index® are far more whimsical, of course. And most years, the price changes closely mirror those in the U.S. Consumer Price Index. It’s a fun way to measure consumer spending and trends in the economy. So, even if Pipers Piping or Geese-a-Laying didn’t make your gift list this year, you can still learn a lot by checking out why their prices have increased or decreased over the years.
The Malaika Learning Center is hosting their annual holiday program which is open to the public, on Dec. 21 at 1:45 p.m.