High-street scores from summer of sport as retail sales rise

Official data shows retail sales rose 0.5% in July as sports fans flocked to the shops

open sign on shop door
(Image credit: Getty Images/Photo by Rafa Elias)

The summer of sport helped push retail sales up in July, official data shows.

It has been a busy few months for sports fans, with Euro 2024, Wimbledon and the Paris Olympics, but falling inflation appears to have boosted consumer confidence and more people have hit the shops to take part.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
Marc Shoffman
Contributing editor

Marc Shoffman is an award-winning freelance journalist specialising in business, personal finance and property. His work has appeared in print and online publications ranging from FT Business to The Times, Mail on Sunday and the i newspaper. He also co-presents the In For A Penny financial planning podcast.