True love feels sticker shock with a 10.5 percent hike in pnc christmas price index

For the 39th year, pnc calculated the cost of christmas the year-over-year increase in 2022 is the third highest on record inflation for services far outstripped goods in this year's index pittsburgh , nov. 17, 2022 /prnewswire/ -- true love costs a lot more this year, as record-high inflation drives pnc's 39th annual christmas price index® (pnc cpi) up 10.5%, the third highest year-over-year increase in the index's history. the pnc cpi, a light-hearted take on the bureau of labor statistics' (bls) consumer price index, measures the average change in prices consumers should expect to pay for true love's gifts, outlined in the classic holiday carol, "the twelve days of christmas.
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