Costco Sees Inflation Rising on Perishables

ISSAQUAH, Wash. — Costco Wholesale Corp. here said Wednesday it experienced 3% inflation in fresh foods during the recently ended fiscal first quarter, and expects inflation to rise to the 5% to 10% level in the next few months.

ISSAQUAH, Wash. — Costco Wholesale Corp. here said Wednesday it experienced 3% inflation in fresh foods during the recently ended fiscal first quarter, and expects inflation to rise to the 5% to 10% level in the next few months.

Sales of fresh foods were up in the high single digits for the 12-week quarter, which ended Nov. 21, with higher-end beef items like steaks and roasts reflecting the most inflationary pre

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