Ministry of Agriculture and Rural Affairs monitoring: as of 14:00 on Sept 1, Agricultural Products Wholesale Price 200 Index 116.10, +0.48 pts vs prior day; "vegetable-basket" wholesale price index 116.72, +0.56 pts. National wholesale prices: pork 16.21 yuan/kg (down 0.7% vs yesterday); beef 69.53 yuan/kg (up 0.8%); mutton 66.10 yuan/kg (up 0.2%); eggs 10.82 yuan/kg (down 0.3%); chicken (carcass) 17.08 yuan/kg (down 1.6%).

Hong Kong shares opened lower on Tuesday: Hang Seng Index (HSI) down 151.27 points (-0.59%) at 25,415.72; Hang Seng Tech Index down 28.75 points (-0.62%) at 4,591.12; Hang Seng China Enterprises Index (HSCEI) down 53.86 points (-0.63%) at 8,459.32; Hang Seng China Red-chip Index down 1.33 points (-0.03%) at 4,169.03.

Eurozone inf returned above 3% in August, reinforcing market expectations of an ECB rate hike this month. Eurostat said the Aug inf rate rose to 3.3% from 2.9% in July, nearly entirely driven by higher energy costs as oil and gas prices climbed and refiners widened margins. The ongoing Iran war is adding upward pressure on prices. Underlying price pressures remain modest, suggesting the energy-driven spike has not yet produced broad second‑round effects that would force the ECB into a more aggressive tightening path.