After a significant rise in Q3 2022 (+3.8%), investment by non-financial enterprises (NFE) rose again in Q4, but at a slower pace (+0.6%). Investment in manufactured products continued to grow, although more moderately than in the previous quarter (+1.3% after +7.5%). Investment in capital goods drove most of this increase, while investment in transport equipment fell back, after a very sharp rise over the summer. Investment in construction remained virtually stable (-0.1%), after two consecutive quarters of decline. Lastly, investment in services lost a lot of its momentum, although it continued to grow (+0.6% after +3.5%). This growth was still driven mainly by investment in information and communication services, which nevertheless slowed. As an annual average, NFE investment increased by 3.3% in 2022 (after +11.4% in 2021)...