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
The Twelve Days of Christmas (song) According to "The Oxford Dictionary of Nursery Rhymes", "Suggestions have been made that the gifts have significance, as representing the food or sport for each month of the year. Importance [certainly has] long been attached to the Twelve Days, when, for instance, the weather on each day was carefully observed to see what it would be in the corresponding month of the coming year. Nevertheless, whatever the ultimate origin of the chant, it seems probable [that] the lines that survive today both in England and France are merely an irreligious travesty." (It is also worth noting that exactly 364 gifts