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November 28, 2011

Items in '12 Days of Christmas' now top $100K

Think maybe it's time to get back to the true meaning of Christmas?

Amplify’d from www.accessatlanta.com

Items in '12 Days of Christmas' now top $100K

PITTSBURGH — The price of partridges, pear trees and turtle doves has spiked, pushing the cost of every item mentioned in the carol "The Twelve Days of Christmas" above $100,000 for the first time.

Holding mostly steady this year: maids-a-milking, ladies dancing, lords-a-leaping and gold rings.

The 364 items repeated across all the song's verses would cost $101,119, an increase of 4.4 percent over last year, according to the annual Christmas Price Index compiled by PNC Wealth Management. The broader government Consumer Price Index increased by 3.9 percent over the same period.

"The story in general is wages are still a very sluggish part of this economy," said Dunigan, who noted that the price of eight maids-a-milking at minimum wage was $58 — the same as in 2009.

But last-minute shoppers who turn to the Internet may be in for some surprises. The core list that costs about $24,000 in stores will come to $39,860 online — a whopping 16.1 percent increase over Internet prices last year. Dunigan said the high cost of shipping live birds explains some of the difference.

Read more at www.accessatlanta.com
 

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