Now in its 40th year, the pnc christmas price index increases 2.7%, less than the u.s. consumer price index

Pnc calculates the cost of christmas from the holiday song "the 12 days of christmas" increases in the index are largely driven by labor costs, mirroring the u.s. economy five of 12 gifts had no increase in price compared to 2022 pittsburgh , nov. 16, 2023 /prnewswire/ -- true loves get a bit of a break this year as pnc bank's 40th annual christmas price index® (pnc cpi) edged up 2.7%, noticeably lower than last year's hefty 10.5% increase and slightly less than the consumer price index topline, which is at 3.2% year over year. the pnc cpi is a light-hearted take on the bureau of labor statistics' (bls) cpi, which measures the change in prices consumers could expect to pay for true love's gifts, outlined in the classic holiday carol, "the twelve days of christmas.
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