Now in its 40th Year, the PNC Christmas Price Index Increases 2.7%, Less Than the U.S. Consumer Price Index
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Thursday, November 16, 2023
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"We crunched the numbers and found that since the PNC CPI launched, the BLS CPI has increased 191%, while the PNC CPI increased 133%.
Key Points:
- "We crunched the numbers and found that since the PNC CPI launched, the BLS CPI has increased 191%, while the PNC CPI increased 133%.
- Core Index Rises: PNC CPI's Core Index, which excludes the Seven Swans-a-Swimming, crept up 3.7%.
- The annual PNC CPI tradition also includes calculating the "True Cost of Christmas," which is buying the gifts with verses repeated.
- PNC Bank, N.A., is a member of The PNC Financial Services Group, Inc. (NYSE: PNC).