In the previous survey, the EMI was almost unchanged after having fallen from mid-2018. In this survey, the EMI fell by 3.6 points to 53.9 in the second quarter, compared to 57.5 in the first quarter.
This indicates that confidence in the export industry has fallen once again. The EMI is just above the 50-mark but still below its historical average of 56.1. However, the fact that the EMI is above the 50-mark indicates that there are more export companies that believe in a strengthening, rather than a weakening, of export development.