PremiumTom RaynelMultimedia Business Reporter·NZ Herald·2 Jul, 2026 03:00 AM3 mins to read‌The hospitality sector showed the most noticeable decline in spending, according to Paymark.Kiwi spending with hospitality and accommodation merchants fell sharply over June, as wider consumer spending pulled back compared with the same time last year.

Consumer spending processed through all core retail merchants in Paymark’s payments network during June 2026 reached $3.584 billion, down 0.5% on June 2025, following adjustments