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December 20, 2007



'And a partridge in a pear tree' for a combined $165

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If you suspected prices have gone up this Christmas shopping season, PNC Wealth Management, a Pittsburgh-based financial services company, can confirm your suspicions by citing a familiar carol.

Since 1984, it has used the objects in "The Twelve Days of Christmas" to calculate its Christmas Price Index – factoring in everything from the cost of a single partridge to the going rate (per performance) for a dozen drummers. While most of the items have risen in price over the past year, a few others have held the line.

The shopping list as laid out in the carol, with the percentage of increase since 2006, and the estimated 2007 cost of each item:

  • Partridge (0.0%) $15
  • Pear tree (+15.4%) $150
  • Two turtle doves (0.0%) $40
  • Three French hens (0.0%) $45
  • Four calling birds/canaries (+25%) $600
  • Five gold rings (+21.5%) $395
  • Six geese a-laying (+20%) $360
  • Seven swans a-swimmming(0.0%)$4,200
  • Eight maids a-milking (+13.6%) $47
  • Nine ladies dancing, per performance (0.0%) $4,759
  • 10 lords a-leaping, per performance (+3.0%) $4,285
  • 11 pipers piping, per performance (+4.2%) $2,213
  • 12 drummers drumming, per performance (+4.2%) $2,398
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