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) United States and Canada. It is mentioned in the section on "Chain Songs" in Stith Thompson's "Motif-Index of Folk-Literature" (Indiana University Studies, Vol. 5, 1935), p. 416. There is evidence pointing to the North of England, specifically the area around Newcastle upon Tyne, as the origin of the carol. Husk, in the 1864 excerpt quoted below, stated that the carol was "found on broadsides printed at Newcastle at various periods during the last hundred and fifty years", i.e. from approximately 1714. In addition, many of the nineteenth century citations come from the Newcastle area. Halliwell, writing in 1842, stated that