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Holiday cheer comes at a premium: PNC Christmas Price Index rises 4.5% - Sequoyah County Times
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Holiday cheer comes at a premium: PNC Christmas Price Index rises 4.5% - Sequoyah County Times
PITTSBURGH — The cost of celebrating Christmas is climbing again. Now in its 42nd year, the PNC Christmas Price Index (PNC CPI) reveals that the cost of the gifts from the classic holiday carol “The Twelve Days of Christmas” has risen 4.5% compared to last year, outpacing the Bureau of Labor Statistics' Consumer Price Index (BLS CPI) October year-over-year reading of 3.0%.
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