Tuesday, November 28, 2006

Take A Look At The New CPI

As I mentioned yesterday, with temperatures in the 70's, it's hard to believe that Christmas is less than a month away.  With Christmas fast approaching, it's time once again to look at the 2006 CPI - Christmas Price Index.  Every year, good folks at PNC Bank analyze and calculate how much all of the items listed in "The Twelve Days Of Christmas" would cost.  There were substantial increases this year in the price of a pear tree and four calling birds, but when averaged out, the overall increase is roughly even with the cost of living increase that Social Security recipients will receive.  And the Christmas Price Index is almost identical to the actual CPI - the Consumer Price Index. I hope people will still be able to afford those eight maids a-milking.

PNC Christmas Price Index
Item 2005 2006 % change
One partridge $15 $15 flat
Pear tree $89.99 $129.99 44.40%
Two turtle doves $40 $40 flat
Three French hens $45 $45 flat
Four calling birds $399.96 $479.96 20.00%
Five gold rings $325 $325 flat
Six geese a-laying $300 $300 flat
Seven swans a-swimming $4,200 $4,200 flat
Eight maids a-milking $41.20 $41.20 flat
Nine ladies dancing $4,576.14 $4,759.19 4.00%
10 lords a-leaping $4,039.08 $4,160.25 3.00%
11 pipers piping $2,053.20 $2,124 3.40%
12 drummers drumming $2,224.30 $2,301 3.40%
Total Christmas Price Index $18,348.87 $18,920.59 3.10%

                                                                       

 

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