Investment by non-financial enterprises (NFEs) remained virtually stable in Q1 2025 (+0.2% after -0.1% in Q4 2024). Investment in manufactured goods fell slightly (-0.1% after -0.6% in Q4 2024): the good momentum in purchases of transport equipment (+2.0% after +2.7%) was offset by the continued decline in investment in capital goods (-0.4% after -2.9%) and in «other industrial products» (-1.8% after -1.2%). Construction investment contracted for the eighth consecutive quarter (-1.2% after -0.7% in Q4 2024). Lastly, capital expenditure on services showed sustained growth (+1.4% after +0.8%), mainly attributable to information and communication (+2.1% after +0.5%), while purchases of business services slowed (+0.2% after +1.4%)...