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Holiday Cheer Comes at a Premium in 2025 | Bloomberg Businessweek

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December 16, 2025

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The cost of celebrating Christmas is climbing again. Now in its 42nd year, the PNC Christmas Price Index (PNC CPI) reveals that the cost of the gifts from the classic holiday carol "The Twelve Days of Christmas" has risen 4.5% compared to last year, outpacing the Bureau of Labor Statistics' Consumer Price Index (BLS CPI) October year-over-year reading of 3.0%. The PNC CPI, launched in 1984, is a light-hearted take on the BLS CPI and measures the change in prices consumers could expect to pay for True Love's gifts.

Amanda Agati, Chief Investment Officer with PNC Asset Management Group, breaks down the latest data explaining what Christmas really costs American consumers in 2025. Amanda speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.

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Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.

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Guests & Subjects Covered

The Twelve DaysThe PNC CPIBLS CPITrue Love'sPNC Asset Management GroupCarol MassarTim StenovecBloomberg Businessweek Daily See

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Holiday Cheer Comes at a Premium in 2025 | Bloomberg Businessweek · Bloomberg Podcasts · Sentinel