Christmas Price Index

Since 1986, the PNC Financial Services Group in Pittsburgh has annually calculated the cost of the items listed in the carol, The Twelve Days of Christmas, from “a partridge in a pear tree” to “twelve drummers drumming.” (The research is done by Rebekah McCahan.) The sum is reported as the Christmas Price Index. In 2002, the index stood at $54,951.34, somewhat less than the previous year, due to a fall in the price of swans.

www.pncchristmaspriceindex.com.

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