WAGES DRIVE COST OF CHRISTMAS UP
The slow recovery of the U.S. economy is continuing to keep the cost of Christmas — or at least the gifts listed in “The Twelve Days of Christmas” — from spiraling out of control.
The price of two turtle doves jumped to $375 from $290 this year, but nine of the other 12 gifts listed in the carol stayed the same price or became cheaper, according to the 33rd annual PNC Wealth Management Christmas Price Index released Thursday.
As a result, the overall cost of the gifts listed in the song increased 0.7 percent to $34,363, up $233 from last year’s total of $34,131.
Besides the turtle doves, only the cost of 11 pipers piping and 12 drummers drumming — both up 2.8 percent — increased.