Christmas price index up on turtle dove pricing – fort wayne business weekly_ banking and finance

It would cost 0.7 percent more this year to purchase gifts included in “The 12 Days of Christmas” holiday classic according to the 33rd annual economic analysis by PNC Financial Services Group.

Wage inflation, slow economic growth and tight turtle dove supplies contributed to the small price rise in the PNC Christmas Price Index, putting the price tag for the dozen gifts at $34,363.49, or $232.50 more than last year.

Thomas Melcher, chief investment officer for PNC Asset Management Group, is projecting the Federal Reserve will increase interest rates and recommending that consumers consider shopping early to take advantage of this year’s bargains beforehand, because it will likely raise consumer borrowing costs.

“The economy continues to expand, and it is likely the Federal Reserve will raise interest rates this month or early next year,” Melcher said in a statement. Yes bank fd interest rates for senior citizens “Consumers appear to be cautiously optimistic spenders this year, and we’re anticipating a slight improvement in the holiday retail season.”

The CPI based on information from retailers, hatcheries, the Philadelphia-based PHILADANCO and the Pennsylvania Ballet Co. Union bank of india interest rates on fixed deposits 2014 showed eight of the dozen gifts remained at the same price as last year.

• Pipers Piping: Wage inflation will make some entertainment options more costly this year, including pipers piping. Compare bank interest rates for savings accounts The cost for 11 pipers piping increased for the first time since 2013, rising 2.8 percent from $2,635 to $2,708.

• Drummers Drumming: The price for 12 drummers drumming also rose 2.8 percent to $2,934 due to increased pay. Bank interest rates india comparison For bargain entertainment, the prices for nine ladies dancing ($7,552) and 10 Lords-a-leaping ($5,508) held steady this year.

• Turtle Doves: The cost of two turtle doves soared 29 percent to $375 this year due to a shortage of birds. Icici bank fd interest rates for senior citizens A turtle dove only lays two to three clutches a year, with only two eggs per clutch, making these lovebirds a hard gift to find.

• A Partridge in a Pear Tree: The real bargain this year is the partridge, which fell 20 percent in price to $20 due to an increase in supply. Fd interest rates in united bank of india Combined with the pear tree, the price for this gift fell 2.3 percent this year to $210.

• Gold Rings: Despite a rise in gold commodity prices this year, the cost of five gold rings stayed surprisingly the same at $750. Bank loan interest rates philippines The rings appear less volatile as the underlying commodity, having held steady for four consecutive years.

Because swans typically have the most volatile pricing among gifts included in “The 12 Days of Christmas,” the item is excluded from the Christmas Price Index so that it will be better aligned with the Consumer Price Index.

The bank welcomes anyone interested in donating new, unused toys to children hospitalized at Lutheran Children’s Hospital over the holidays to drop the items off at seven of its Fort Wayne banking facilities through Dec. Best banks for interest rates on savings 16.

The banking centers serving as drop-off points are at 127 W. Best bank fd interest rates Berry St., 1820 Coliseum Blvd. Bank interest rates on fd North, 5513 Illinois Road, 6240 Bluffton Road, 5920 St. Sbi bank interest rates on fixed deposits 2013 Joe Center Road, 2130 E. Highest bank interest rates in india Dupont Road and 5760 Coventry Lane. Huntington bank interest rates on savings accounts For a list of recommended donations or other information on the “Tidings of Comfort and Toys” program, go to

In other holiday-related Star news, northeast Indiana kids can receive a free personalized letter from Santa Claus this month if they provide the necessary information for that by Dec. Bank interest rates compare india 16.

They can provide the information by picking up a form to fill out or work from at 19 participating Star banking centers, then drop off the completed form or a letter with the information in a Magical Mailbox at the location.

The information will be used to prepare a personalized response so it can be mailed to each child. Latest bank fd interest rates A list of participating locations is available at

David Findlay, president and CEO of Lake City Bank, has been named to the Community Bankers Council of the American Bankers Association industry trade group.

The council of 100 community bankers meets twice each year to discuss some of the industry’s most important government relations issues, banking trends and competitive priorities. Bank interest rates fixed deposits Council members are appointed by the ABA chair to represent the views of the association’s 6,000 member community banks.

“Community banks represent the core of the financial services community and provide communities throughout the country with local partners focused on their growth and expansion,” Findlay said in a statement. Best bank interest rates canada At the council’s fall meeting, its members discussed regulatory challenges, tax reform, legislative priorities, fintech innovations and business continuity.

The board of Northeast Indiana Bancorp, the Huntington-based parent of First Federal Savings Bank, declared a special dividend of 50 cents per share.

“We are pleased to reward our shareholders with a special dividend. Bank of india rd interest rates 2013 calculator Our earnings and capital levels remain strong, which allows us to return a higher level of our profits to our owners,” said Michael Zahn, president and CEO.

The designation goes to a select group of top performers distinguished by their customer service, their focus on growing business and how well they position themselves for future success.

“1st Source Insurance is pleased to be recognized as a top performer by Westfield Insurance,” 1st Source Insurance President John Ball said in a statement. Bank recurring deposit interest rates in india “Westfield Insurance is an outstanding partner and it is an honor to receive this recognition.”

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