KPMG says British consumers spending more on essentials, less on luxuries than Indian ones. Is this really true?

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It certainly makes for an eye catching headline: Apparently UK consumers spend more on essentials (76 per cent) and less on luxuries than those in India (68 per cent). 

But is there really any truth in what KPMG is saying, or can it be safely tossed on the pile labelled ‘PR Stunt’. 

Don’t do that just yet, because the city firm’s report ‘Me, My Life, My Wallet’ makes a serious point despite its buzz word heavy text

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