‘The inflation genie is out of the bottle’ as consumer sentiment takes a hit and Californians pay $12 for a regular burrito

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Market Extra

Last Updated: Nov. 20, 2021 astatine 3:36 p.m. ET First Published: Nov. 12, 2021 astatine 3:10 p.m. ET

A poster showing illustration gasoline prices is connected show arsenic Sen. John Barrasso speaks alongside different Republican senators during an October property league connected vigor prices.

Samuel Corum/Getty Images

A erstwhile mentation of this study inaccurately implied that $5-a-gallon gasoline, $90 bottles of vino and $200 performance tickets were emblematic purchases of precocious among mean Americans. The communicative has been corrected.

The highest yearly U.S. ostentation complaint successful astir 31 years reverberated crossed fiscal markets...

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