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Latest News from BRG and the Global Building Products Industry
Stay informed regarding BRG's latest publications and industry news covering the markets for HVAC equipment, components & controls, bathroom & kitchen products, plumbing, pipes, valves & fittings and thermal insulation.


Spain Records Strongest Economic Growth Among Euro Zone Nations in 2024
Spain Records Strongest Economic Growth Among Euro Zone Nations in 2024 Spain: The Spanish economy recorded a growth rate of 3.2% in...
brg_news_room
Mar 281 min read


UK Economy Growth Forecast Revised Downwards for 2025
UK Economy Growth Forecast Revised Downwards for 2025 UK: The UK economy is forecast to grow by 1.0% in 2025, according to finance...
brg_news_room
Mar 271 min read

Sweden On Path To Economic Recovery But With A Mixed Outlook for 2025
Sweden Sweden: Sweden's economy entered a recovery phase in the second half of 2024, with GDP increasing by 0.8% in the fourth quarter....
brg_news_room
Mar 231 min read


Bangladesh GDP Set to Surpass $500 Billion for First Time in FY26
GDP BANGLADESH: The Finance Division estimates that Bangladesh’s gross domestic product (GDP) at current prices will reach $517.7 billion...
brg_news_room
Mar 121 min read

Uzbekistan and Turkmenistan Implement Free Trade Agreement
Flag of Uzbekistan Uzbekistan/Turkmenistan: On 25 February, Uzbekistan and Turkmenistan's free trade agreement came into effect following...
brg_news_room
Mar 91 min read

China Sets 5% Growth Target Amid US Tariff Escalation
Flag of China China: China has set an economic growth target of around 5% for 2025, despite challenges from a slowing domestic economy...
brg_news_room
Mar 91 min read

Taiwan’s Economy to Grow 3% in 2025 Amid Global Uncertainty
Flag of Taiwan Taiwan: Taiwan’s economy is forecasted to grow by 3% in 2025, following a strong 4.3% expansion in 2024, which...
brg_news_room
Mar 91 min read

Taiwan Expands Energy-Efficient Equipment Subsidy Programme for Businesses
Taiwan Expands Energy-Efficient Equipment Subsidy Programme for Businesses Taiwan: The Ministry of Economic Affairs in Taiwan has opened...
brg_news_room
Mar 71 min read


Austria's Economy Contracts by 1.1% in 2024
GDP AUSTRIA: Austria's gross domestic product (GDP) shrank by 1.1 percent in real terms in 2024 compared to the previous year, as the...
brg_news_room
Mar 41 min read

Italy Revises Tax Deductions for Renovations and Energy Efficiency in 2025
Italy Revises Tax Deductions for Renovations and Energy Efficiency in 2025 Italy: Italy has implemented changes to its tax deduction...
brg_news_room
Feb 261 min read


Cyprus Electricity Prices Set to Remain High Until 2026
Electricity CYPRUS: Electricity prices in Cyprus are unlikely to decrease over the next two years due to the absence of natural gas and...
brg_news_room
Feb 111 min read


Indonesia’s Economy Grows by 5.03% in 2024, Matching Previous Year’s Rate
Indonesia’s Economy Grows by 5.03% in 2024, Matching Previous Year’s Rate Indonesia: Indonesia's economy expanded by 5.03% in 2024,...
brg_news_room
Feb 51 min read


US Manufacturing Shows Signs of Recovery, but Tariffs May Hinder Progress
Manufacturing USA: U.S. manufacturing expanded in January for the first time in over two years, but concerns remain over the...
brg_news_room
Feb 42 min read

Bangladesh Ceramic Industry Faces Export and Employment Decline in FY 2023-24
Bangladesh Bangladesh: The ceramic sector in Bangladesh, despite strong growth in previous years, experienced a decline in exports and...
brg_news_room
Jan 291 min read


Australia’s Inflation Cools, Raising Chances of Interest Rate Cut
Slowdown in Inflation AU: Australia's consumer prices rose at the slowest pace in nearly four years in the December quarter, with a...
brg_news_room
Jan 292 min read


Global Firms Expand in South Africa as Economic Outlook Brightens
GDP SOUTH AFRICA: Several international companies are acquiring South African-based businesses as economic prospects show a notable...
shivansh_tiwari
Jan 281 min read


Central Bank of Nigeria Projects GDP Growth at 4.17% for 2025
GDP Nigeria: The Central Bank of Nigeria (CBN) has forecasted a GDP growth rate of 4.17% in 2025, signaling faster economic growth...
brg_news_room
Jan 221 min read


China's New Home Prices Stabilize After 18-Month Decline
China's New Home Prices China:Â In December 2024, China's new home prices stabilized for the first time in 18 months, following government...
brg_news_room
Jan 191 min read


China's Economy Grows 5% in 2024 Amid Manufacturing Surge and Stimulus Efforts
China's Economy Grows 5% in 2024 Amid Manufacturing Surge and Stimulus Efforts China: China’s economy grew by 5% in 2024, slightly...
brg_news_room
Jan 162 min read

U.S. Budget Deficit Reaches USD 711 Billion in First Quarter of Fiscal Year 2025
Budget Deficit Reaches USD711 Billion USA: The U.S. government recorded an USD 87 billion budget deficit in December 2024, reduced by a...
brg_news_room
Jan 151 min read
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