COMMISSION DELEGATED REGULATION (EU) …/... amending Regulation (EC) No 451/2008 of the European Parliament and of the Council as regards updating the classification of products by activity (CPA)

Ref. Ares(2024)3178641 - 30/04/2024 EUROPEAN COMMISSION Brussels, XXX […](2024) XXX draft COMMISSION DELEGATED REGULATION (EU) …/... of XXX amending Regulation (EC) No 451/2008 of the European Parliament and of the Council as regards updating the classification of products by activity (CPA) (Text with EEA relevance) This draft has not been adopted or endorsed by the European Commission. Any views expressed are the preliminary views of the Commission services and may not in any circumstances be regarded as stating an official position of the Commission. EXPLANATORY MEMORANDUM 1. CONTEXT OF THE DELEGATED ACT Reliable and comparable statistics are necessary for businesses to assess their competitiveness and for EU institutions to carry out their tasks under the Treaties, especially those related to the functioning of the internal market. Regulation (EC) No 451/2008 of the European Parliament and of the Council established the statistical classification of products by activity (CPA). This Regulation also provided the framework for applying the CPA at national level. Statistics produced on the basis of the CPA are comparable at European and at international level. The CPA was subsequently updated through Commission Regulation (EU) No 1209/2014, which established an updated CPA version (CPA Ver. 2.1). The international comparability of economic statistics requires that the Member States use classifications of products which are directly linked...