High street sales rise despite high inflation and surging interest rates

The figures offer further evidence that UK consumers remain resilient despite stubbornly high inflation and surging interest rates.(Stock Photo) The figures offer further evidence that UK consumers remain resilient despite stubbornly high inflation and surging interest rates However this was partly offset by falling fuel sales.Shoppers returned to the high street last month to set the tills ringing for jewellers, sports shops and department stores - helping the retail sector bounce back after a rain-dampened March.They point to a buoyant spring for the high street as sales for the three months to April were up by 0.

8 per cent on the previous three months, the biggest such increase since August 2021.Oliver Vernon-Harcourt, head of retail at Deloitte, said: ‘April saw a surprising uplift in retail sales despite ongoing inflationary pressures.