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The traditional English carol “The Twelve Days of Christmas” has long been a favorite during the holiday season, standing the test of time through the centuries and inspiring amusing parodies like Bob Rivers’ “Twelve Pains of Christmas.”
But the song – which counts up from Christmas to Epiphany on Jan. 6 – has also become the peg for a whimsical way to gauge year-over-year inflation. Pennsylvania-based PNC Bank and other financial institutions have tracked the costs of each set of gifts from “Twelve Drummers Drumming” to a “Partridge in a Pear Tree” to see exactly how much it might cost a man to deliver each to his true love.
PNC’s Christmas Price Index indicated the overall cost of the song’s gifts increased 5.4% since 2023, totaling just under $50,000.
Meanwhile, the Texas-based business co …
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