The Enid News and Eagle, Enid, OK

National and world

November 25, 2012

Items in '12 Days of Christmas' now total $170,300

PITTSBURGH — Add seven swans, six geese and five golden rings to the list of Christmas gifts that cost more than they did a year ago.

And if you get all 364 items repeated throughout “The Twelve Days of Christmas” carol, you’ll pay 6.1 percent more this year, according to the annual Christmas Price Index compiled by PNC Wealth Management.

That comes to $107,300.

“The rise is larger than expected considering the modest economic growth we’ve had,” said Jim Dunigan, managing executive of investments for PNC. He noted the government’s Consumer Price Index has risen just 2 percent in the 12 months before September.

Thrifty shoppers may find some reasons for cheer. Six items mentioned in the song haven’t gone up in price: maids-a-milking, ladies dancing, lords-a-leaping, calling birds, turtle doves and the partridge. The eight maids-a-milking still cost just $58 because the minimum wage hasn’t risen.

Twelve drummers drumming ($2,775.50) and eleven pipers piping ($2,562) might also be considered relative bargains compared to seven swans, which will set you back $7,000. Nine ladies dancing will cost you $6,294.03.

Dunigan said the 2011 drought caused the prices of some birds to soar, partly because of corn and other feed costs.

“The geese were up 29.6 percent, and swans were up 11 percent,” Dunigan said, adding that none of the gifts in the song went down in price this year.

The price of a pear tree is $189.99, an 11.8 percent jump from last year’s $169.99. Five gold rings jumped 16.3 percent this year, to $750, and three French hens are now $165, instead of $150.

The $15 partridge is the cheapest item, and swans the most expensive, at $1,000 each.

Last-minute shoppers who turn to the Internet will pay a bit more for the gifts. Buying one set of the core items in each verse costs $24,431 in traditional stores this year, but $40,440 online. Part of that difference is the extra expense of shipping live birds, Dunigan said, adding that Internet costs rose 1.5 percent compared to last year.

PNC Financial Services Group Inc. checks jewelry stores, dance companies, pet stores and other sources to compile the list. Some of its sources this year include the National Aviary in Pittsburgh and the Philadelphia-based Pennsylvania Ballet Company.

———

Online: http://www.pncchristmaspriceindex.com

1
Text Only
National and world
  • CDC Ebola web.jpg U.S. warns against traveling to Ebola-hit countries

    “The bottom line is Ebola is worsening in West Africa,” said Dr. Tom Frieden, director of the Centers for Disease Control and Prevention, who announced the travel warning.

    August 1, 2014 1 Photo

  • Mideast web.jpg Gaza truce comes after days of pushing for a deal

    Finally, less than an hour after all sides signed off on the precise and technical wording for a 72-hour truce, Kerry issued a statement and called a 3:30 a.m. Friday press conference to seal the deal before any party could back out.

    August 1, 2014 1 Photo

  • Taiwan web.jpg Gas explosions kill 24, injure 271 in Taiwan

    The fires were believed caused by a leak of propene, a petrochemical material not intended for public use, but the source of the gas was not immediately clear, officials said.

    July 31, 2014 1 Photo

  • Congress web.jpg Congress races to finish VA, highway bills

    House Speaker John Boehner accused Democrats of pursuing a “nutso scheme” of trying to seize on the border crisis to try and grant a path to citizenship to millions of immigrants living in the country illegally.

    July 31, 2014 1 Photo

  • Illinois Unemployment_Hass.jpg As U.S. job market strengthens, many don't feel it

    "If the economy is getting better, I'm not sure for whom. It certainly hasn't trickled down to me." — Douglas Hunter, who earned $14 an hour before the Great Recession and now works three days a week for $9.25 an hour, mopping floors and fixing fryers at McDonald's.

    July 31, 2014 1 Photo

  • House Obama Lawsuit.jpg Republican-led House approves lawsuit against President Obama

    Just a day before lawmakers were to begin a five-week summer recess, debate over the proposed lawsuit underscored the harshly partisan tone that has dominated the current Congress almost from its start in January 2013.

    July 31, 2014 1 Photo

  • Russia Putin web.jpg Sanctions could damage Russia

    The sanctions go further than earlier penalties — which had largely targeted individuals — by broadly limiting the trade of weapons and of technology that can be used in the oil and military industries. The EU also put its capital markets off-limits to Russian state-owned banks.

    July 31, 2014 1 Photo

  • Mideast Libya web.jpg Thousands flee to Tunisia to escape Libya fighting

    Many diplomats, including the U.S. ambassador, have pulled out of the country. With the interim government paralyzed, the fighting threatens the planned opening session of the newly elected parliament on Aug. 4.

    July 30, 2014 1 Photo

  • Obit Robert Drew web.jpg Cinema verite documentarian Robert Drew dies

    Starting in 1960 with “Primary,” Drew produced and sometimes directed a series of television documentaries that took advantage of such innovations as light hand-held cameras that recorded sound and pictures.

    July 30, 2014 1 Photo

  • Obama Ukraine Russia_Hass_W.jpg GOP-led House approves lawsuit against Obama

    The suit will contend that Obama has exceeded his constitutional powers in the way he has enforced the 2010 health care law.

    July 30, 2014 1 Photo

Featured Ads