The Cost Index for the Twelve Days of Christmas Rose Only 0.6% in 2015; Social Security Administration Says COLA Was Zero
Lords a-leaping is the U.S. economy slow to recover! Reflecting a steep decline in energy costs, lower inflation and slow-but-steady economic growth, the 2015 PNC Christmas Price Index® (PNC CPI) experienced its lowest growth rate in six years at 0.6 percent in the whimsical economic analysis by PNC Wealth Management. Except for years in which the PNC CPI fell, this is the lowest rate by which it has risen in its history . According to the 32nd annual report, which measures the cost of the gifts in the holiday classic The Twelve Days of Christmas , the price tag for the PNC CPI is $34,130.99 in 2015, a mere $198 more than last year’s cost and in-line with the U.S. government’s Consumer Price Index, which has increased 0.2 percent over the past 12 months. The cost of 10 lords a-leaping increased 3 percent over last year, but the price of nine of the other 12 gifts listed in one of the most well-known Christmas carols, The Twelve Days of Christmas ...
