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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.

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...


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...


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...


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...


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...

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...

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,...


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...

brg_news_room
Nov 5, 20241 min read
Vietnam Sets Ambitious Economic Growth Targets for 2025 Amid Recovery Efforts
Vietnam: Vietnamese Prime Minister Pham Minh Chinh projects economic growth of 6.5% to 7% for 2025, with an aim to exceed 7% as the...

brg_news_room
Nov 5, 20241 min read
Thailand Finance Minister Sets Sights on Surpassing 3% Economic Growth Forecast for 2025
Thailand: Thailand's economic growth is expected to reach 3% in 2025, driven by increases in spending, exports, investment, and tourism,...


brg_news_room
Nov 5, 20241 min read
Spanish Manufacturing Sees Fastest Growth in Over Two Years, Boosting Economic Confidence
Spain: Spanish manufacturing activity accelerated in October, achieving its strongest growth in over two years, with increases in output,...


brg_news_room
Nov 5, 20241 min read
Australia's Central Bank Sees Persistent Inflation and Strong Job Growth
Australia: Australia’s central bank anticipates a gradual decline in underlying inflation, revising its employment growth outlook upwards...

brg_news_room
Nov 3, 20241 min read
Argentina: Central Bank Slashes Interest Rate, Citing Lower Inflation Expectations
Argentina: Argentina’s central bank cut its benchmark interest rate to 35% on 1st Nov 2024, marking a 500 basis point decrease and...


brg_news_room
Oct 24, 20241 min read
Tokyo Core Inflation Falls Below 2%, Posing Challenge for Japan's Rate Policy
Japan: Tokyo’s core inflation rate in October fell below the Bank of Japan’s 2% target for the first time in five months, according to...


brg_news_room
Oct 23, 20241 min read
IMF Raises US Growth Outlook, Lowers China; Predicts Sluggish Global Economy
US: The International Monetary Fund (IMF) has revised its 2024 economic growth forecasts, increasing projections for the U.S., Brazil,...

brg_news_room
Oct 20, 20241 min read
China Lowers Benchmark Lending Rates Amid Economic Stimulus Efforts
China: On October 21, China reduced its benchmark lending rates as expected, continuing a series of aggressive stimulus measures aimed at...


brg_news_room
Oct 16, 20241 min read
UK Inflation Drops to Lowest Level in Over Three Years
UK: The inflation rate in the UK stood at 1.7% in the 12 months to September 2024, down from 2.2% in August, according to the Office for...

brg_news_room
Oct 2, 20241 min read
Colombia's Inflation Forecast to Decelerate This Year Despite Truckers' Strike
Colombia: Colombia's 12-month inflation is projected to continue its decline in September, with analysts forecasting a rate of 5.83%,...


brg_news_room
Sep 25, 20241 min read
US Consumer Confidence Declines Due to Job Concerns Before Elections
USA: Consumer confidence sharply declined in September, primarily due to concerns about the job market before election, despite a notable...


brg_news_room
Sep 24, 20241 min read
China Introduces Comprehensive Stimulus Measures to Revive Slowing Economy
China: China's central bank announced a broad package of monetary stimulus and property market support measures to boost an economy...
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