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The cost of the six geese-a-laying surged 71 percent over the
past year, according to an annual analysis by PNC Wealth
Management of Pittsburgh. However most of the gifts the carol's
"true love" sent the singer, including the five golden rings,
four calling birds and nine ladies dancing were unchanged.
Overall, the tab for the gifts in the song's 12 verses would
come to $116,273.06 in 2014, up modestly from $114,651.18 last
year, PNC said. That marked the smallest increase in the song's
cost since 2002, when it dropped 7.6 percent following a
stock-market slide after the collapse of the dot-com bubble.
"While there are exceptions in given years, what's most
interesting about the index's history is that since the
beginning, year-over-year increases have averaged 2.8 percent,
which is exactly the same number as the U.S. inflation index,"
said Jim Dunigan, PNC's chief investment officer.
This year's increase was less than the 1.7 percent rise of the
U.S. Labor Department's Consumer Price Index, a widely watched
economic indicator, in the 12 months ended in October.
(Reporting by Scott Malone; Editing by Eric Beech)
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