China June CPI growth slightly lower vs May

China's consumer price index (CPI) rose at a slightly slower pace in June than the May level, the Oriental Morning Post reported, citing an unidentified official at the central bank's research department.

The official did not give a specific figure for June or the first half of the year, the report said.

But he was quoted as saying that CPI growth is "very likely to rebound in the second half."

China's CPI grew 7.7 pct year-on-year in May, against 8.5 pct in April. Inflation for the first five months of the year stood at 8.1 pct.

The National Bureau of Statistics will release June and first-half economic data on July 17.