The issuing of a revised version is prompted by the important changes that have taken place in the economy since then and a major revision of international classifications of activities and products: as a result, the proposed revised CPA is more relevant to the economic reality and more comparable with other international classifications. |ġ20 | General context Some minor amendments to CPA have been introduced since its adoption in 1993.
A revised version of CPA is proposed, which takes into account the development of the economy during the last 15 years, a major revision of NACE as well of other international classifications of products. This classification is closely linked to the NACE statistical classification of economic activities. REGULATION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCILĮstablishing a new statistical classification of products by activity (CPA) and repealing Council Regulation (EEC) N° 3696/93ġ10 | Grounds for and objectives of the proposal The statistical classification of products by activity known as CPA was established in 1993 for the harmonisation of economic statistics. | COMMISSION OF THE EUROPEAN COMMUNITIES |