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Price of '12 Days of Christmas' gifts rises to $34,130.99

By
Ben Hooper
Santa Claus is shocked by the price of the gifts from The 12 Days of Christmas as calculated by PNC Wealth Management. Photo by Stokkete/Shutterstock.com
Santa Claus is shocked by the price of the gifts from "The 12 Days of Christmas" as calculated by PNC Wealth Management. Photo by Stokkete/Shutterstock.com

PITTSBURGH, Dec. 1 (UPI) -- PNC Wealth Management said its annual analysis found the total price of the gifts from "The 12 Days of Christmas" has gone up to $34,130.99.

The firm said its annual Christmas Price Index, based on data from sources including hatcheries, retailers and dance companies, found the total price of the gifts from the classic Christmas carol would be $34,130.99, an increase of .6 percent from the $33,933.22 price tag in 2014.

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The price increase was attributed to increased costs for gifts including the partridge in a pear tree, two turtle doves and 10 lords a-leaping.

PNC said the price tag was the highest to date, but it also represented the lowest growth rate in 32 years of measuring the index.

"While the economy continues to chug along on a sustainable path, low commodity prices are keeping consumer costs down," said Jim Dunigan, chief investment officer for PNC Asset Management Group. "With only a few items in our index increasing in cost this year, True Loves should be thrilled that they can have their goose and better afford the gas to roast it too."

The annual Christmas Price Index found the gifts from classic Christmas carol "The 12 Days of Christmas" have gone up in price. Photo courtesy PNC Wealth Management
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