The cost of celebrating Christmas is climbing again. Now in its 42nd year, the PNC Christmas Price Index (PNC CPI) reveals that the cost of the gifts from the classic holiday carol "The Twelve Days of Christmas" has risen 4.5% compared to last year, outpacing the Bureau of Labor Statistics' Consumer Price Index (BLS CPI) October year-over-year reading of 3.0%. The PNC CPI, launched in 1984, is a light-hearted take on the BLS CPI and measures the change in prices consumers could expect to pay for True Love's gifts.

Amanda Agati, Chief Investment Officer with PNC Asset Management Group, breaks down the latest data explaining what Christmas really costs American consumers in 2025. Amanda speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.