Michigan Business Network

Jeffrey Mosher welcomes Amanda Agati, who is Chief Investment Officer for PNC’s Asset Management Group. Amanda is a great interview and PNC's resident CPI expert, enjoy this podcast! Amanda welcome to the Michigan Business Beat, we understand PNC’s annual Christmas Price Index® (CPI) is coming in significantly higher than the U.S. Consumer Price Index, please share some details? As you were saying Now in its 41st year, the PNC CPI rose 5.4% — doubling last year’s 2.7% increase and surpassing the Bureau of Labor Statistics’ Consumer Price Index (BLS CPI) October year-over-year reading of 2.6%. what does it say when this bundle is double CPI and over double the Christmas set of last year? What's the fastest and slowest price rise gifts in the dozen set? A 12 gifts that comprise the PNC CPI increased to a tree-topping $49,263 overall - any surprises? How long has this popular holiday measurement been conducted? (Started in 1984 by a PNC predecessor bank in Philadelphia, PNC CPI has become a popular story