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The 12 Days of Christmas Price Index

 
 
Reply Mon 27 Dec, 2004 12:45 pm
Quote:
PITTSBURGH, Nov. 29, 2004 - In 1984, after all the receipts were added up, the cost of "The Twelve Days of Christmas" would have set you back $12,623- the goods alone accounting for 62 percent of your total bill. Today, the numbers tell a different story. The total cost has climbed to $17,297, a 1.6 percent annualized increase over 20 years, but services now account for 74 percent of the index, indicating a steady rise in the cost of skilled labor while the price of two turtle doves and three French hens may be a little easier on your wallet.


THIS <click> "tongue-in-cheek" report from the PNC compares the costs over a 20-year period and explains the reasons for the increase and for the difference in what we are paying for.
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