Primark reported a 13% jump in sales to £2bn, with health and beauty products in high demand along with summer fashion
Primark rival Next raised its own sales and profit guidance just last week, telling investors that trading had exceeded expectations on the back of warmer weather and consumers' wage increases.
It is hoped that interest rate hikes, forcing up borrowing costs such as mortgages, will quell demand and therefore stubborn price hikes in the economy.
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