British retail sales grew faster than expected in June despite continued high inflation, thanks to unusually hot weather and a rebound in food sales after King Charles’ coronation disrupted spending in May, official figures showed on Friday.
While inflation at nearly 8 per cent – the highest of any large economy – remains a challenge for many households, some economists say a fall in energy prices from July 1 will give consumers more disposable income.
Read More : UK Consumers Defy High Inflation, Show Increased Shopping Activity in June