My Costco price tracker is pretty stable, but big increases hit oil and protein
Source: Business Insider ·
Business Insider has been tracking a basket of 45 items at Costco to see how higher energy costs are showing up in retail prices.
From the source
Prices have held steady at Costco in spite of a turbulent year — but cracks are starting to show.Gary Hershorn/Getty ImagesBusiness Insider has been tracking 45 items at Costco to see how energy costs affect retail prices.President Trump's conflict with Iran has disrupted oil and transportation markets around the world.Most products have had minimal price changes, but some like motor oil and whey protein are way up.Like the proverbial pot that's been watched but won't boil, the Costco prices I've tracked this year have remained remarkably calm amid an economy full of heat.A basket of 45 items I'm following rose 3% since July, but that change is largely attributable to the recent surge in motor oil prices.Overall, the numbers I see on my local warehouse shelves tell a very different story than what I would expect after following the tumultuous news from around the world. Costco prides itself on keeping shelf prices in its warehouses close to wholesale prices for its members, which…
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