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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.
Dec 16, 20242 min read
Dec 5, 20243 min read
Dec 4, 20244 min read
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![Central Bank of Nigeria Projects GDP Growth at 4.17% for 2025](https://static.wixstatic.com/media/c8cd0c_3c0877220d884f28b5a2420488650c25~mv2.jpg/v1/fill/w_300,h_168,fp_0.50_0.50,q_90,enc_auto/c8cd0c_3c0877220d884f28b5a2420488650c25~mv2.webp)
brg_news_room
3 days ago1 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...
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![China's New Home Prices Stabilize After 18-Month Decline](https://static.wixstatic.com/media/47984d8b72893e02859e3d00c4a37341.jpg/v1/fill/w_324,h_243,fp_0.50_0.50,q_90,enc_auto/47984d8b72893e02859e3d00c4a37341.webp)
brg_news_room
6 days ago1 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...
![U.S. Budget Deficit Reaches USD 711 Billion in First Quarter of Fiscal Year 2025](https://static.wixstatic.com/media/c8cd0c_863e43b9388148dabb6d2c2c63e5dcc2~mv2.png/v1/fill/w_290,h_174,fp_0.50_0.50,q_95,enc_auto/c8cd0c_863e43b9388148dabb6d2c2c63e5dcc2~mv2.webp)
brg_news_room
Jan 151 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...
![Ireland Disbursed Record EUR 616 Million in Energy Grants and Supports in 2024](https://static.wixstatic.com/media/c8cd0c_2dc61636780b4ecead6b9ef9532b54a8~mv2.png/v1/fill/w_230,h_220,fp_0.50_0.50,q_95,enc_auto/c8cd0c_2dc61636780b4ecead6b9ef9532b54a8~mv2.webp)
brg_news_room
Jan 151 min read
Ireland Disbursed Record EUR 616 Million in Energy Grants and Supports in 2024
Record €616 Million in Energy Grants and Supports Ireland: The Sustainable Energy Authority of Ireland (SEAI) allocated a record €616...
![Egypt's Trade Deficit Narrows by 16% in October 2024](https://static.wixstatic.com/media/139b54_1c09553c29f54085ab533af1bb1a1886~mv2.png/v1/fill/w_275,h_183,fp_0.50_0.50,q_95,enc_auto/139b54_1c09553c29f54085ab533af1bb1a1886~mv2.webp)
brg_news_room
Jan 121 min read
Egypt's Trade Deficit Narrows by 16% in October 2024
Flag of Egypt Egypt: In October 2024, Egypt's trade deficit decreased by 16% to $3.66 billion from $4.36 billion in October 2023,...
![China's December Exports Surge 10.7%, Imports Unexpectedly Rise](https://static.wixstatic.com/media/c8cd0c_3b132ba42d0f4c649cd60e1d4731464a~mv2.png/v1/fill/w_275,h_183,fp_0.50_0.50,q_95,enc_auto/c8cd0c_3b132ba42d0f4c649cd60e1d4731464a~mv2.webp)
brg_news_room
Jan 121 min read
China's December Exports Surge 10.7%, Imports Unexpectedly Rise
Flag of China China: China's exports and imports experienced notable growth in December, partly due to factories pushing inventory...
![Indonesia Joins BRICS Bloc as Full Member](https://static.wixstatic.com/media/c8cd0c_bafbb603deb8470fa8a2823e1d291e68~mv2.png/v1/fill/w_275,h_183,fp_0.50_0.50,q_95,enc_auto/c8cd0c_bafbb603deb8470fa8a2823e1d291e68~mv2.webp)
brg_news_room
Jan 81 min read
Indonesia Joins BRICS Bloc as Full Member
Indonesia Joins BRICS Indonesia: Indonesia has officially become the newest member of the BRICS group, joining Brazil, Russia, India,...
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![Vietnam's 2024 GDP Growth Accelerates to 7.09% Amid Strong Exports](https://static.wixstatic.com/media/c8cd0c_4edcb474a6174565a9278f920d750922~mv2.jpg/v1/fill/w_300,h_168,fp_0.50_0.50,q_90,enc_auto/c8cd0c_4edcb474a6174565a9278f920d750922~mv2.webp)
brg_news_room
Jan 71 min read
Vietnam's 2024 GDP Growth Accelerates to 7.09% Amid Strong Exports
GDP VIETNAM: Exports in 2024 surged by 14.3% year-on-year to $405.53 billion, driven by strong shipments of electronics, smartphones,...
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![Germany's Economic Downturn Triggers Political Turmoil Amid Global Pressures](https://static.wixstatic.com/media/c8cd0c_4edcb474a6174565a9278f920d750922~mv2.jpg/v1/fill/w_300,h_168,fp_0.50_0.50,q_90,enc_auto/c8cd0c_4edcb474a6174565a9278f920d750922~mv2.webp)
brg_news_room
Jan 71 min read
Germany's Economic Downturn Triggers Political Turmoil Amid Global Pressures
GDP GERMANY: Germany, the world’s third-largest economy, recorded a nominal GDP of $4.7 trillion in 2024, according to the International...
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![Gas Supply Halt Creates Energy Crisis in Transnistria](https://static.wixstatic.com/media/c8cd0c_5a8ae08ab4854398874a2a6f4bdda647~mv2.jpg/v1/fill/w_289,h_174,fp_0.50_0.50,q_90,enc_auto/c8cd0c_5a8ae08ab4854398874a2a6f4bdda647~mv2.webp)
brg_news_room
Jan 31 min read
Gas Supply Halt Creates Energy Crisis in Transnistria
Gas Supply Halt Creates Energy Crisis in Transnistria Moldova: The separatist region of Transnistria in Moldova has suspended heating and...
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![Singapore Economy Sees Strong Growth in 2024](https://static.wixstatic.com/media/c8cd0c_4edcb474a6174565a9278f920d750922~mv2.jpg/v1/fill/w_300,h_168,fp_0.50_0.50,q_90,enc_auto/c8cd0c_4edcb474a6174565a9278f920d750922~mv2.webp)
brg_news_room
Jan 11 min read
Singapore Economy Sees Strong Growth in 2024
Economic Growth Singapore: The Singapore economy grew by 4.0% in 2024, marking its fastest annual growth since the pandemic recovery, up...
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![Ukraine Halts Gas Transit, Signaling the End of Russia’s Gas Era in Europe](https://static.wixstatic.com/media/c8cd0c_5a8ae08ab4854398874a2a6f4bdda647~mv2.jpg/v1/fill/w_289,h_174,fp_0.50_0.50,q_90,enc_auto/c8cd0c_5a8ae08ab4854398874a2a6f4bdda647~mv2.webp)
brg_news_room
Jan 11 min read
Ukraine Halts Gas Transit, Signaling the End of Russia’s Gas Era in Europe
Ukraine stops transit through gas pipelines Russia: Russian gas exports via Soviet-era pipelines running through Ukraine were halted on...
![Resilient Consumer Spending Boosts Economic Growth, Inflation Softens Slightly in US](https://static.wixstatic.com/media/139b54_4644175a1c864bc7a88485a1a2211c87~mv2.png/v1/fill/w_324,h_243,fp_0.50_0.50,q_95,enc_auto/139b54_4644175a1c864bc7a88485a1a2211c87~mv2.webp)
brg_news_room
Dec 22, 20241 min read
Resilient Consumer Spending Boosts Economic Growth, Inflation Softens Slightly in US
US Flag USA: Consumer spending in the U.S. grew by 0.4% in November, supported by robust demand across goods and services, reflecting the...
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![Australia's Unemployment Rate Drops to Eight-Month Low in November](https://static.wixstatic.com/media/c8cd0c_efceb5dd7f924b61bf78faea6db8967a~mv2.jpg/v1/fill/w_260,h_194,fp_0.50_0.50,q_90,enc_auto/c8cd0c_efceb5dd7f924b61bf78faea6db8967a~mv2.webp)
brg_news_room
Dec 11, 20241 min read
Australia's Unemployment Rate Drops to Eight-Month Low in November
Unemployment Rate Australia: Australia's jobless rate fell unexpectedly to 3.9% in November, the lowest in eight months, as employment...
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![Egypt's Inflation Drops to 25.5%, Lowest in Nearly Two Years](https://static.wixstatic.com/media/c8cd0c_26815e4212004f1b8a041d60cfdba3c6~mv2.jpg/v1/fill/w_296,h_170,fp_0.50_0.50,q_90,enc_auto/c8cd0c_26815e4212004f1b8a041d60cfdba3c6~mv2.webp)
brg_news_room
Dec 11, 20241 min read
Egypt's Inflation Drops to 25.5%, Lowest in Nearly Two Years
Drops to 25.5%, Lowest in Nearly Two Years Egypt: Egypt's annual urban consumer price inflation eased to 25.5% in November, marking its...
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![UAE Non-Oil Economy Grows in November Amid Market Concerns](https://static.wixstatic.com/media/11062b_42019dfb241c4d819a98672c3d3e01bb~mv2.jpg/v1/fill/w_324,h_243,fp_0.50_0.50,q_90,enc_auto/11062b_42019dfb241c4d819a98672c3d3e01bb~mv2.webp)
brg_news_room
Dec 6, 20241 min read
UAE Non-Oil Economy Grows in November Amid Market Concerns
UAE: The UAE's non-oil economy showed steady growth in November 2024, supported by an increase in new orders and favourable pricing...
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![Inflation Falls for Sixth Consecutive Month as Household Prices Decline in Turkey](https://static.wixstatic.com/media/c8cd0c_57357fd1ad4644508c7264cb41ff3228~mv2.jpg/v1/fill/w_324,h_138,fp_0.50_0.50,q_90,enc_auto/c8cd0c_57357fd1ad4644508c7264cb41ff3228~mv2.webp)
brg_news_room
Dec 4, 20241 min read
Inflation Falls for Sixth Consecutive Month as Household Prices Decline in Turkey
Turkey: Turkey's annual inflation rate eased for the sixth consecutive month in November, dropping to 47.1% from 48.6% in October. While...
![Daikin Considers Export Strategy Shift Amid Tariff Concerns](https://static.wixstatic.com/media/c8cd0c_4ef456e111d042c0ac0dfe876e4fcd3e~mv2.png/v1/fill/w_300,h_168,fp_0.50_0.50,q_95,enc_auto/c8cd0c_4ef456e111d042c0ac0dfe876e4fcd3e~mv2.webp)
brg_news_room
Nov 27, 20241 min read
Daikin Considers Export Strategy Shift Amid Tariff Concerns
Mexico: Daikin Industries is evaluating a shift in export destinations for its Mexico-made products following a proposal by US...
![South Africa’s Unemployment Rate Falls to 32.1% Under Coalition Government](https://static.wixstatic.com/media/c8cd0c_6ebbee9086ca4657b6959318c2d91b74~mv2.png/v1/fill/w_275,h_183,fp_0.50_0.50,q_95,enc_auto/c8cd0c_6ebbee9086ca4657b6959318c2d91b74~mv2.webp)
brg_news_room
Nov 12, 20241 min read
South Africa’s Unemployment Rate Falls to 32.1% Under Coalition Government
South Africa: South Africa's unemployment rate dropped to 32.1% in the third quarter of 2024, down from 33.5% in the second quarter,...
![](https://static.wixstatic.com/media/c8cd0c_57357fd1ad4644508c7264cb41ff3228~mv2.jpg/v1/fill/w_193,h_193,fp_0.50_0.50,lg_1,q_30,blur_30,enc_auto/c8cd0c_57357fd1ad4644508c7264cb41ff3228~mv2.webp)
![India's Inflation Set to Reach 5.81% Amid Rising Food Prices](https://static.wixstatic.com/media/c8cd0c_57357fd1ad4644508c7264cb41ff3228~mv2.jpg/v1/fill/w_324,h_138,fp_0.50_0.50,q_90,enc_auto/c8cd0c_57357fd1ad4644508c7264cb41ff3228~mv2.webp)
brg_news_room
Nov 10, 20241 min read
India's Inflation Set to Reach 5.81% Amid Rising Food Prices
India: Consumer price inflation in October is observed to be at a 14-month high of 5.81%, according to a Reuters poll of economists. This...
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