Monday, December 4, 2023

Get out your abacus; there is math involved

Without any further ado - the true cost of Christmas)

OK kids, PNC bank has reported that there is a 2.7% increase in the price of the items needed for the 12 days of Christmas (compared to the 2022 pandemic prices). It is noticeably lower than last year's hefty 10.5% increase In the 40th year of their survey, PNC has found that the 12 items come out to a grand total of $46,729.86,; a $1,206.69 increase from 2022. The cost of this year's CPI seems to prove that the aggressive Federal Reserve interest rate hiking cycle in history have been working to slow inflation fears. (I did not know this but you do not get any bargains by purchases these item online; buying all 12 items from the comfort of your living room would cost you $52,024.03, ($5,294.17 more than in-store purchases.) an increase of 4.8% from the 2022s on-line total of $49,663.73.



These prices are, of course, just for one verse of the song. If you add up the total cost of all the items from the entire song (what PNC Wealth Management calls “The True Cost of Christmas”) it would surmount $201,972.66, a 2.5% increase from 2022.

So it stands to reason that today's holiday theme is - The Twelve Days Of Cristmas


The 12 Days Of Christmas & Bing Crosby -




12 Drinks of Christmas  Fay McKay -




Yet Another Partridge in a Pear Tree   Brian Sibley -




The 12 Days of Christmas A Tale of Avian Misery -




The 12 Gifts of Christmas Allan Sherman -




The Twelve Days of Yaksmas -




Maybe we've played this song too much




And finally, complaints about the number of gifts-





Demand Euphoria!

No comments:

Post a Comment