New Delhi, Oct. 15 -- A calmer inflation outlook and recent tax relief have given India's urban consumers room to breathe, and to spend. Deloitte's latest consumer survey shows a rebound in discretionary spending, especially in leisure, restaurants, electronics and household goods. The upcoming festivals and easing prices are nudging households to loosen their wallets, even as job-related anxiety threatens to temper the mood.

"Consumers remain financially confident, supported by easing price inflation concerns and higher savings. They are selectively increasing discretionary spend, favouring premium and experience-driven purchases," said Deloitte's September quarter consumer pulse survey of 1,000 consumers, which measured financial secur...