It is a widely established economic fundamental that the cost of production inputs is directly linked to the performance and competitiveness of a business. As a consequence, any associated stakeholder may be worried that an increase in input prices may result

This week two new papers were published by UNIDO STAT staff:

ISIC is an abbreviation for International standard industrial classification of all economic activities recommended by UN Statistical Commission for all Member-states of United Nations to make use of it either by: “(a) Adopting this system of classification as a national standard, or (b) Rearranging their statistical data in accordance with this system for purposes of international comparability” – (ECOSOC Resolution 149 A - VII of 27 August 1948).