RENEE MONTAGNE, HOST:
And today's last word in business is: 12 days of Christmas.
According to PNC Wealth Management's Christmas Price Index, the cost of the gifts in that holiday song jumped by 7.7 percent this year...
DAVID GREENE, HOST:
Based on reports from retailers and among others, a National Aviary and the Pennsylvania Ballet.
MONTAGNE: You might think those five golden rings pushed up the prices. But in fact, the price spike was driven by a spike in the cost of lords-a-leaping and ladies dancing.
And that's the business news on MORNING EDITION from NPR News. I'm Renee Montagne.
GREENE: And I'm David Greene.
(SOUNDBITE OF SONG, "THE TWELVE DAYS OF CHRISTMAS") Transcript provided by NPR, Copyright NPR.