BAH, HUMBUG! PNC CHRISTMAS PRICE INDEX SURGES 7.7 PERCENT IN 2013; PRICES WOULD CAUSE EBENEZER SCROOGE TO CRINGE
Marking 30th Year of Holiday Tradition, PNC CPI has increased 116 Percent Since 1984; but Average Annual Increase Identical to U.S. Inflation
PITTSBURGH, Dec. 2, 2013
/ PRNewswire / —
A steadily improving economy helped prompt a 7.7 percent boost in the 2013 PNC Christmas Price Index®, the 30th annual tongue-in-cheek economic analysis by PNC Wealth Management. Based on the array of gifts in the holiday classic, “The Twelve Days of Christmas,” the price tag for the PNC CPI is $27,393.17 in 2013, $1,192 more than last year and the largest increase since 2010 when the index jumped 9.2 percent.
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