The Spanish statistical office INE released its new orders data on Friday. New orders in Spain rose a seasonally adjusted 3.3% in May, after a flat reading in April.

New orders in the capital goods sector jumped 10.4% in May, orders in the energy sector rose by 4.5%, durable consumer goods sector declined 0.9%.

On a yearly basis, industrial new orders climbed a seasonally adjusted 5.6% in May, after a 0.5% increase in April.