Both China’s factory gate and consumer inflation rose at a slower pace in December, following the fall of some raw material prices, official data showed on Jan. 12. Consumer price inflation also slowed last month as food prices fell, the National Bureau of Statistics (NBS) said in a statement. China’s producer price index (PPI), which reflects prices that factories charge wholesalers, rose by 10.3 percent last month, down from a rise of 12.9 percent in November. Factory inflation has moderated in recent months from a 26-year high in October as Beijing intervened to stabilize high raw material prices and ease an energy power crunch. China’s consumer price index (CPI) grew 1.5 percent year-on-year in December, compared to a 2.3 percent annual growth a month earlier. Food prices fell 1.2 percent year on year, as pork fell 36.7 percent and fresh vegetable prices rose 10.6 percent—in contrast to the 30.6 percent …