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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
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...
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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...
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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...
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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,...
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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...
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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)...
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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...
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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...
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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...
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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...
brg_news_room
Jul 25, 20241 min read
US Economy Soars in Q2 with Easing Inflation
US: The US economy grew at an annualized pace of 2.8% in the second quarter, surpassing the 2% growth expected by economists. This is a...
brg_news_room
Jul 25, 20241 min read
Nigeria's Inflation Climbs to 34.19% in June 2024
Nigeria: Nigeria’s inflation rate surged to 34.19% in June 2024 from 33.95% in May, according to the National Bureau of Statistics. This...
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Jul 16, 20241 min read
China Faces Manufacturing Overcapacity Challenges: IMF
China: The International Monetary Fund (IMF) has raised concerns about overcapacity in manufacturing sector in China, despite a generally...
brg_news_room
Jul 9, 20241 min read
Consumer Confidence Index in Indonesia Continues to Decline in June
Jakarta: Bank Indonesia revealed on Monday that while consumers remain generally upbeat about Indonesia's economic conditions, confidence...
brg_news_room
Jul 9, 20241 min read
Bangladesh Ceramic Sector Struggles Amid Gas Shortages and Rising Costs
Bangladesh: The ceramic industry in Bangladesh is facing severe challenges due to a critical shortage and price hike of natural gas,...
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