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Cost Of '12 Days Of Christmas' Up From 2012

RENEE MONTAGNE, HOST:

And today's last word in business is: 12 days of Christmas.

According to PNC Wealth Management's Christmas Price Index, the cost of the gifts in that holiday song jumped by 7.7 percent this year...

DAVID GREENE, HOST:

Based on reports from retailers and among others, a National Aviary and the Pennsylvania Ballet.

MONTAGNE: You might think those five golden rings pushed up the prices. But in fact, the price spike was driven by a spike in the cost of lords-a-leaping and ladies dancing.

And that's the business news on MORNING EDITION from NPR News. I'm Renee Montagne.

GREENE: And I'm David Greene.

(SOUNDBITE OF SONG, "THE TWELVE DAYS OF CHRISTMAS") Transcript provided by NPR, Copyright NPR.