Costco says it's actually cutting prices on some products as inflation stabilizes

• Costco cut prices on frozen berries, reading glasses, and other products this year.
• The retailer wants "to be the first out there trying to lower prices," CFO Richard Galanti said.
• It's a sign that easing inflation is finally benefiting consumers.

Berries, batteries, and reading glasses are among the items that cost less at Costco now thanks to a slowing rate of inflation.

The retailer recently cut some of the prices at its warehouses, CFO Richard Galanti said during an earnings call late Thursday. Among the reductions: 48 Kirkland batteries now cost $15.99, down from $17.99. A four-pound bag of mixed frozen berries runs $10.99 — it used to be $14.99.