Skip to main content

Karnataka election, trade data, banking risks

The loss for PM Modi’s BJP in the state election in Karnataka may persuade the ruling national party to slow the pace of labour reforms and other politically contentious measures elsewhere as next year's general election comes onto the horizon. Meanwhile, trade data for April released this week show the goods trade deficit narrowing to a 20-month low. And we think the strength of services exports will support the external position this year.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access