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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
Sep 22, 20241 min read
UK Government Debt Hits Historic 100% of GDP Amid Rising Deficits
UK/Europe: British government debt has hit 100% of GDP for the first time since records began in 1993, marking a significant increase...

brg_news_room
Sep 18, 20241 min read
China Economic Slowdown Deepens in August as Pressure Mounts for Stimulus
China: The Chinese economy continued to weaken in August 2024, with a slowdown in industrial activity, retail sales, and real estate...

brg_news_room
Sep 18, 20241 min read
Argentina Recession Deepens as Economy Shrinks More Than Expected in the Second Quarter
Argentina: Argentina saw its economy contract by 1.7% in the second quarter of 2024 compared to the previous three months, deepening the...


brg_news_room
Sep 18, 20241 min read
Japan's Exports and Machinery Orders Decline, Harming Economic Recovery
Japan: Japan's export growth decelerated significantly in August, rising 5.6% year-on-year, well below a median market forecast for a 10%...


brg_news_room
Sep 17, 20241 min read
Typhoon Yagi Hits Vietnam with $1.6 Billion Cost, May Impact Growth
Vietnam: Typhoon Yagi, the strongest storm in Asia this year, has inflicted approximately $1.6 billion in damages on Vietnam, potentially...


brg_news_room
Sep 12, 20241 min read
US Inflation Slows in August, But Housing and Services Keep Pressure on Fed
US:Â U.S. consumer prices increased slightly in August, though underlying inflation remained sticky, particularly in housing and other...

brg_news_room
Sep 9, 20241 min read
China’s Exports Surge; Imports Falter Amid Weak Domestic Demand
China: China’s exports surged in August, growing 8.7% year-on-year, the fastest pace since March 2023, surpassing the 6.5% increase...

brg_news_room
Sep 8, 20241 min read
China Faces Rising Inflation from Weather Disruptions, PPI Stuck in Deflation
China: Consumer inflation accelerated in August in China, with the Consumer Price Index (CPI) rising 0.6% from a year earlier, up from...

brg_news_room
Sep 3, 20241 min read
Czech Real Wages Slow in Q2, but Purchasing Power Remains Robust
Czech Republic: In the second quarter, the average real wage in the Czech Republic decelerated, falling below market expectations due to...

brg_news_room
Aug 28, 20241 min read
Russian Economy Robust Despite Sanctions Amid Ukraine Conflict
Russia: The Russian economy is demonstrating significant growth across various sectors, despite facing Western sanctions due to the...

brg_news_room
Aug 28, 20241 min read
Argentina Sees Inflation Ease as Milei Implements Austerity
Argentina: Argentina, grappling with one of the world's highest inflation rates, has seen a notable slowdown in inflation to 4% in July,...


brg_news_room
Aug 25, 20241 min read
EU Economy Grows 0.3% in Q1, Exiting Recession
Europe: The eurozone economy grew by 0.3% in the first quarter of 2024, marking its exit from a technical recession following two...

brg_news_room
Aug 22, 20241 min read
Japan's core inflation picks up, but demand-driven growth below 2%
Japan: Japan's core inflation increased for the third consecutive month in July, with the nationwide core consumer price index (CPI)...

brg_news_room
Aug 20, 20241 min read
UK Economy Exits Recession with 0.6% Growth in Early 2024
UK: The UK economy emerged from recession with a stronger-than-expected 0.6% growth in the first quarter of 2024, according to the Office...


brg_news_room
Aug 12, 20241 min read
Construction Costs Surge, Pushing Property Prices to Record Highs in Australia
Australia: The rapid rise in construction costs in Australia, which appeared to be slowing, has surged again, driving property prices to...

brg_news_room
Aug 11, 20241 min read
Indonesia’s Economic Growth Stays Strong Despite Global Challenges, Says IMF
Indonesia: The International Monetary Fund (IMF) has commended Indonesia's robust economic growth despite global uncertainties, as...


brg_news_room
Aug 8, 20241 min read
Bank of Japan Hikes Interest Rates to 15-Year High, Plans to Scale Back Bond Purchases
Japan: The Bank of Japan raised interest rates to levels unseen in 15 years and revealed a detailed plan to slow its massive bond-buying...

brg_news_room
Aug 8, 20241 min read
Malaysia Signs Deal with Singapore for Special Economic Zone
Malaysia: Malaysia announced it is close to finalizing a deal with Singapore to develop Southeast Asia’s first cross-border special...

brg_news_room
Aug 8, 20241 min read
Vietnamese Economy Rapidly Recovers Due to Decisive Actions
Vietnam: Vietnam's economy rebounded rapidly in the first half of 2024 following a challenging period at the end of 2022 and early 2023,...


brg_news_room
Aug 8, 20241 min read
China’s Export Growth Falls Short of Expectations
China: China’s export growth in dollar terms fell short of expectations last month, signaling potential risks to policymakers who heavily...
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