MRO Proves Increasingly Important in the Face of Economic Downturn

The economic downturn many predicted and feared appears to be emerging rather quickly. With the monthly Consumer Price Index indicating the highest inflationary pressure in four decades and no signs of slowing in the immediate future, all usage of the word “transitory” to describe skyrocketing prices have ceased, as central banks across the globe raise interest rates. Business leaders throughout all industries are no doubt holding discussions on what the remainder of 2022 and beyond looks like for their organizations.

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