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Majority of mid-market businesses have not taken action against inflation

New research by Grant Thornton has revealed the majority of mid-market businesses have failed to take adequate steps to protect their operations against the threat of inflation.

Research from Grant Thornton's International Business Report shows concerns about key cost categories running at or very near record highs around the world. Approximately 5,000 mid-market businesses across 28 countries monitored, including the UAE, were surveyed to gain insights into their price increases and the action being taken to mitigate the risks associated with inflation.