The Velera Payments Index July 2026

Summary: Consumer spending is showing renewed momentum. June delivered the strongest year-over-year growth in debit and credit card purchases since 2022, supported by improving consumer sentiment, major retail promotions and a summer calendar packed with high-profile events. At the same time, inflation eased more than expected, and gasoline prices continued to decline from their spring peaks, providing consumers with some relief even as prices remain elevated.