Economics’ Jonathan Ernest examines how five years of inflation have changed consumer spending

From $6 eggs to $50,000 cars, these charts show how inflation has defined the past 5 years

MarketWatch: Jonathan Ernest, assistant professor of economics at the Weatherhead School of Management, examined how five years of inflation have reshaped consumer spending, with higher prices for essentials such as groceries, rent, insurance and energy forcing some Americans to tap savings, use credit and delay major purchases.