TRUE LOVES WILL GET A BARGAIN THIS YEAR; PNC CHRISTMAS PRICE INDEX UP A MERE 0.6 PERCENT
- PNC marks 32nd year of holiday tradition
- Gift costs remain relatively flat, mirroring government CPI
- Falling commodity prices account for lowest rise in six years
PITTSBURGH, Nov. 30, 2015 – Reflecting a steep decline in energy costs, lower inflation and slow-but-steady economic growth, the 2015 PNC Christmas Price Index® (PNC CPI) experienced its lowest growth rate in six years at 0.6 percent in the whimsical economic analysis by PNC Wealth Management.
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