China leather handbags manufacturers are influenced by the China Inflation Rises to a 19-Month High. Fresh data from China on Friday further cemented the view that the country's giant economy continued to power ahead in May — though a marked rise in inflation also raised the pressure on leather handbags wholesale business to step up efforts to damp the booming pace of growth.
Leather handbags Industrial production and retail sales also powered along forcefully, figures showed Friday, while data out on Thursday revealed Leather handbags imports and exports both topped analyst expectations by a wide margin. Property prices continued to soar in May.
The strong economic data from leather handbags wholesale business come despite debt concerns and fiscal austerity measures across Europe, China's biggest trading partner.
Combined, the figures on Thursday and Friday raised speculation among analysts that the Chinese authorities will have to intensify their efforts to tame the pace of growth — and the unwanted side-effect of inflation.
Tools at China's disposal include a gradual rise in interest rates and an appreciation for the renminbi, which has been effectively tied to the U.S. dollar since late 2008, at what many observes say is an artificially weak level to help Chinese Leather handbags exporters compete internationally.
The timing of any such policy moves remains unclear, and the Chinese statistics office on Friday stressed that it believed inflation would wane again after its rise above the 3 percent mark in May and have influence in leather handbags wholesale business.
Economists at the State of Southern Australia and New Zealand Banking Group said in a note to investors Friday that recent strikes "suggest that wage hikes will spread across Leather handbags industrial sectors, placing pressures on firms to raise prices on their final products" and that  "inflation is far from its peak."