In a speech on September 11, European Central Bank (ECB) Executive Board member Philip R. Lane unveiled the ECB's latest September projections. The data shows that euro area competitor export prices are expected to rise by 7.0% in 2026, a significant upward revision of 5.4 percentage points from the December forecast. Additionally, global (excluding the euro area) GDP growth is projected to be 3.1% in 2026, with euro area external demand expected to grow by 3.6%.