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5:33 09Jun10 -CHINA MAY CPI UP 3.1 PCT YR/YR, EXPORTS UP ABOUT 50 PCT -SOURCES QUOTE SENIOR GOVT OFFICIAL

15:33 09Jun10 -CHINA MAY NEW LOANS 630 BLN YUAN VS 774 BLN YUAN IN APRIL -SOURCES QUOTE SENIOR GOVT OFFICIAL

15:36 09Jun10 -China May CPI up 3.1 pct, official says -sources

SHANGHAI/BEIJING, June 9 (Reuters) - Chinese consumer prices in May rose 3.1 percent from a year earlier, accelerating from 2.8 percent in April, a senior government official told an internal investor conference on Wednesday, according to three sources present at the meeting.

The official also told the audience that new loans in May reached 630 billion yuan ($92.2 billion), falling from 774 billion yuan in April.

Exports in May grew about 50 percent from a year earlier, accelerating from 30.5 percent in April, the official said, according to the sources, bringing exports for the month to about $130 billion, they said.

"The official unveiled those figures during the meeting, but they're basically in line with our forecasts," one of the sources said.

Economists polled by Reuters expect May CPI to reach 3.0 percent, new loans to stand at 600 billion yuan and export growth to be around 32 percent.

Trade data are due to be released on Thursday, while consumer inflation and other activity data are due on Friday. Money and lending figures could be published by the central bank at any time.

Chinese economic indicators are often circulated widely in markets and government circles ahead of their official release, and are sometimes subject to last-minute revisions.