Christmas Price Index chose the items in the popular Christmas carol "The Twelve Days of Christmas" as its market basket: a partridge in a pear tree, two turtle doves, three French hens, four calling birds, five gold(en) rings, six geese, seven swans, eight maids, nine dancing ladies, ten leaping lords, eleven pipers, and twelve drummers. According to tradition, the purchasing of the items begins on December 26 and ends on January 6. PNC compiles both a "Christmas Price Index" and "The True Cost of Christmas." The "Christmas Price Index" is calculated by adding the cost of the items in the song. The "True
Twelve Days of Christmas on Christmas Eve and letting it burn some more on each of the twelve nights. For some, the Twelfth Night remains the night of the most festive parties and exchanges of gifts. Some households exchange gifts on the first (25 December) and last (5 January) days of the Twelve Days. As in former times, the Twelfth Night to the morning of Epiphany is the traditional time during which Christmas trees and decorations are deposed. Twelve Days of Christmas The Twelve Days of Christmas, also known as Twelvetide, is a festive Christian season celebrating the Nativity of Jesus. In most Western