Rising Cost of Twelve Days of Christmas
A pear tree, three French hens, five golden rings; the prices of items in the Christmas carol “The Twelve Days of Christmas,” will cost shoppers a little more this year, according to PNC Wealth Management Managing Executive of Investments Jim Dunigan. “They were up 4.8%. We exceeded this year for the first time $25,000, so the total cost of Christmas for the items in the song is $25,431 this year.” Dunigan says birds are a little pricier this year. “The swans of swimming, which are typically the most expensive item and they are again this year are up $700. So, six geese-a-laying this year will cost you $210 and the seven swans-a-swimming will cost you $7,000 this year.” Dunigan says musicians were up in price but performing dancers were not. “Both the pipers piping and the drummers drumming increased 5.5% this year. They were the biggest increases we saw in the labor side of the index. Eight maids-of-milking saw no increase as did the ladies dancing and the lords a leaping.” To see the complete list of items and their costs from the “The Twelve Days of Christmas”, search PNC Wealth Management.