The price of spreading holiday cheer just went up again.

The cost of buying all the gifts from “The 12 Days of Christmas” has climbed to $51,476.12 this year, according to PNC’s annual Christmas Price Index released last month. That’s a 4.5% jump from last year and outpaces the broader inflation rate of 3% reported by the Bureau of Labor Statistics in October.

For Georgia families already grappling with what’s been dubbed “giftflation,” the increase adds another layer of financial pressure to an expensive holiday season.

The PNC Christmas Price Index, now in its 42nd year, tracks the cost of True Love’s gifts using data from dance companies, hatcheries, pet stores and other sources across the country. While the index started as a lighthearted take on economic trends, this year’s numbers

See Full Page