The 12 Days of Christmas Have Been Hit By Inflation
For that true love to impress his lady this year, he will have to dig deeper into his pockets in order to keep the shine on that lady's eyes. If he's lazy about his shopping and shops online it will even more expensive.
Inflation has been inconsistent on it's impact to the gifts, with an average increase of only $233 or .7%. The total cost is now $34,363 up from $34,131.
The gifts summarize as follows:
1 Partridge In a Pear Tree
2 Turtle Doves
3 French Hens
4 Calling Birds
5 Gold Rings
7 Swans a-Swimming
8 Maids a-Milking
9 Ladies Dancing
10 Lords a-Leaping
11 Pipers Piping
12 Drummers Drumming
The largest increases have been in the lords, ladies, drummers, and maids, and pipers, as their labor costs would have risen. Not surprisingly as they probably negotiated with binding arbitration, which seldom favors the management side.
If the thought is to buy online, buying the same gifts online is $44,603 this year, up 2.2 percent from $43,627 last year. This is largely because it costs more to transport animals and performers — 10 lords-a-leaping cost $5,509 in-person, but $13,373 online because of transportation costs — than the cost of the items themselves.
I you are going to learn the song and have the presents presented individually, then shop early. If you want to save a lot of aggravation and stress, then hit the jewelry store early and make sure the top bow hides the box as the biggest smiles are achieved when the jewelery box is small.
Christmas Will Be More Expensive this Year than Last Year