Noel Numbers
12/23/2022 |
The Friday File: Inflation, measured by the Christmas Price Index and based on purchasing each day’s items once in “The Twelve Days of Christmas,” jumped 10.5% in 2022, the most since 2008, to $45,523. Unsurprisingly, pear trees, a proxy for housing, rose 25.8%. Gold rings rose the most 39.1%; seven swans-a-swimming remained the costliest at $13,125. True love is really going to have to shell out this year. Merry Christmas!