News

Cost of ’12 Days of Christmas’ gifts leaps in 2013

Cost of ’12 Days of Christmas’ gifts leaps in 2013

SHOP TIL YOU DROP: Customers shop for Christmas ornaments at a Walmart store in the Porter Ranch section of Los Angeles Nov. 26. Photo: Reuters/Kevork Djansezian

(Reuters) – Buying a set of the gifts named in the classic holiday carol “The Twelve Days of Christmas” will cost a true love $27,393 this year, up 7.7 percent from the 2012 price tag, according to an annual tongue-in-cheek analysis released on Monday.

Prices for most of the items in the song, including the partridge, two turtle doves, three French hens and five gold rings, remained steady from last year.

But the cost for 10 lords-a-leaping jumped 10 percent to $5,243 and nine ladies dancing increased by 20 percent to $7,553, PNC Wealth Management’s Christmas Price Index showed.

The company said its sources for calculating the cost of the items include retailers, the National Aviary in Pittsburgh, the Philadelphia Dance Company and the Pennsylvania Ballet.

“We were surprised to see such a large increase from a year ago, given the overall benign inflation rate in the United States,” said Jim Dunigan, managing executive for investments of PNC Wealth Management. “But the dancers in the index took a huge leap this year to play catch up from paltry increases the previous few years.”

The U.S. government’s Consumer Price Index increased only 1 percent for the 12 months through September.

Year-over-year increases since the Christmas Price Index began in 1984 have averaged 2.9 percent, the same number as the U.S. inflation index.

The only bit of savings on the carol’s gift list this year comes from a 3.2 percent drop in price for the partridge’s pear tree, which costs $184, the company said.

The overall price increase is the largest since 2010, when the index rose 9.2 percent.

Cyber Monday savings may save Christmas days but not money, PNC Wealth Management said. Buying one set of the gifts online would cost almost $39,763, or $12,300 more than making the purchases in person.

True loves intent on a real splurge will pay $114,651 in stores for the 364-gift tally that amasses from the traditional singing repetition of all the carol’s verses, the analysis showed.

Recent Headlines

in Sports

Reports: Broncos WR Welker suspended for 4 games

Fresh
A football before the first half of an NFL preseason football game between the Green Bay Packers and the Seattle Seahawks Friday, Aug. 23, 2013, in Green Bay, Wis.

Wes Welker is facing a four-game suspension for violating the NFL's performance-enhancing drug policy, according to published reports.

in Sports

49ers’ Harbaugh won’t tolerate domestic violence

Fresh
San Francisco 49ers' defensive tackle Ray McDonald (91) against the Dallas Cowboys in an NFL football game in San Francisco, Sunday, Sept. 18, 2011.

Jim Harbaugh gave stern comments about the topic Tuesday during his radio show on KNBR-AM, two days after 49ers defensive tackle Ray McDonald was arrested on felony domestic violence charges.

in Local Sports

Lynch has little to say ahead of Seahawks opener

Fresh
Seattle Seahawks running back Marshawn Lynch, third from left, carries the ball on the final day of NFL football training camp, Wednesday, Aug. 13, 2014, in Renton, Wash.

Lynch spoke with the media for the first time this season on Tuesday.

in Local Sports

2014-15 WWU Men’s golf preview

Fresh
western washington logo generic copy/wwu

WWU opens its season on Sept. 19-20 at the Saint Martin's Invitational. The Vikings host their 43rd annual tournament on Sept. 22-23 at the Bellingham Golf and Country Club.

in Local Sports

Former Seahawk Ware arrested on suspicion of DUI

Fresh
Seattle Seahawks' Spencer Ware (44) in action against the San Francisco 49ers in the second half of an NFL football game, Sunday, Sept. 15, 2013, in Seattle. The Seahawks beat the 49ers 29-3.

Former Seattle Seahawks running back Spencer Ware has been arrested for investigation of driving under the influence.