Retail gross sales jumped in April due to greater spending over Easter, though more durable occasions could also be forward, a survey has discovered.
The business foyer group the British Retail Consortium and KPMG mentioned gross sales had risen 5.6% since April 2016 – up from a fall of 1% in March.
Meals spending accounted for many of the progress, however customers have been extra cautious about different objects.
The BRC mentioned shopper spending would gradual as inflation climbed.
Chief govt Helen Dickinson OBE mentioned: “The optimistic distortion from the timing of Easter was largely liable for the month’s progress and trying to the longer-term indicators of a slowdown, the outlook is not as rosy.”
In line with the research, gross sales of foods and drinks soared over the lengthy Easter weekend boosting complete spending.
Over the three months to April, complete meals gross sales elevated by three.6% – a lot quicker than the 12-month common of two% progress, it discovered.
Nonetheless, quarterly gross sales of non-food objects grew extra slowly at zero.7%.
Exceptions included gross sales of youngsters’s garments and toys and furnishings, though researchers mentioned these rises have been seasonal.
In line with official statistics, UK retail gross sales posted their biggest quarterly fall in seven years in March, as the costs of on a regular basis items continued to climb.
The worth of the pound has slumped by round 14% towards the greenback because the EU referendum final June, pushing up the worth of imported items. This threatens to derail a shopper spending increase that has underpinned financial progress because the referendum.
Ms Dickinson mentioned: “Though right now’s figures do point out that customers are nonetheless keen to spend, with a cocktail of rising prices and slowing wage progress because the backdrop, circumstances for shoppers will get more durable.”