The Christmas Price Index is a tongue-in-cheek economic indicator, maintained by the U.S. bank PNC Wealth Management, which tracks the cost in USD of the items in the carol "The Twelve Days of Christmas". The Christmas Price Index was conceived by the Chief Economist of Provident National Bank as a humorous commodity price index to measure the changing cost of goods over time. Commodity price indices, as compiled by economics, use a "market basket" of certain goods and then measure the cost of the goods from year to year to gauge inflation in different sectors of the economy. More information...
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