Wednesday, December 08, 2004

The cost of Christmas is on the rise

One of my favorite news stories every December is the TDOC Index. You've heard of the financial reports on the nightly news -- The Dow Jones Average, the TSX 500 etc. Every year I look forward to hearing a report that compares the inflation of some unique items. This year inflation is up 2.4% over this time last year. "So T, What is the TDOC Index," you may ask? It stands for The Twelve Days Of Christmas Index. Every year, a group (this time out of Pittsburg, I'm sure I read it out of England in past years) calculates how much it would cost to buy all the items in the TDOC song. It seems that French Hens are at a premium this year, while maids-a-milking are unchanged over last year. All in all if you plan to buy your true love the Twelve Days Of Christmas this year it is going to set you back US$66,334.46. Taking into account that the Loonie is worth alot more now than it was 12 months ago, I think Canadians can get a steal of a deal.

1 comment:

Jerry Bowley said...

For those on a tighter budget (such as myself), I'd suggest going with the Twelve Days of Christmas as outlined by Canadian icons Bob and Doug MacKenzie.

I'll take Back Bacon over Turtle Doves anytime...