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Economic recovery: pay hikes, insecure bosses, frolicking cows | Hellenic Shipping News Worldwide

Economic recovery: pay hikes, insecure bosses, frolicking cows Koslapp: in Swedish, it means the release of the cows. After a long dark winter of bovine boredom in lockdown, the ruminants run out into the fresh spring grass, a-jumpin’, a-gambollin’ and a-munchin’, watched by picnicking Nordic families who share the sentiments. We’re seeing something similar in economic figures. The Purchasing Managers’ Index (PMI) gives us our freshest indicator of what’s been happening recently. For May, the release of pent-up frustration is evident in the strongest figures we’ve seen, at least in the 23 years the data has been collected for Scotland.

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