Article 5ZENC Retail sales in Great Britain jump despite soaring inflation

Retail sales in Great Britain jump despite soaring inflation

by
Larry Elliott Economics editor
from on (#5ZENC)

Part of April increase may be down to people staying in to save money, says ONS

Consumers in Great Britain carried on spending last month despite the highest inflation rate in 40 years, providing high street and online retailers with a surprise boost.

The Office for National Statistics (ONS) said there was a 1.4% monthly jump in retail sales in April but said the trend was still weak and that part of the increase might be down to people staying in to save money.

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