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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.


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 5, 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
Nov 3, 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 24, 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 23, 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 20, 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 16, 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
Oct 2, 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 25, 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...
brg_news_room
Sep 24, 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 22, 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 18, 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 17, 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 12, 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 9, 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 8, 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
Sep 3, 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 28, 20241 min read
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