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Stock impact report

PNC Christmas Price Index Increases 5.4%, Significantly More Than The U.S. Consumer Price Index [Yahoo! Finance]

PNC Financial Services Group, Inc. (The) (PNC) 
Last pnc financial services group, inc. (the) earnings: 4/15 06:41 am Check Earnings Report
Company Research Source: Yahoo! Finance
Five of the 12 gifts had no increase compared to 2023 PITTSBURGH Nov. 21, 2024 /PRNewswire/ -- National inflation levels may be on the decline, but when it comes to True Loves' gifts, the price of decking the halls keeps rising. Now in its 41st year, PNC Bank's annual Christmas Price Index® (PNC CPI) rose 5.4% — doubling last year's 2.7% increase and surpassing the Bureau of Labor Statistics' Consumer Price Index (BLS CPI) October year-over-year reading of 2.6%. The PNC CPI measures the change in prices consumers could expect to pay for True Love's gifts from the classic holiday carol, "The Twelve Days of Christmas." Data is compiled by PNC's Investment Office using sources from across the country, including dance and theatre companies, hatcheries, pet stores and others. Unwrapping the data a little further reveals the increase in PNC CPI, like last year, was driven mainly by service costs, while bird prices mostly have yet to take flight. True Loves should hang on for deer lif Show less Read more
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