Recital 2

(2)The prevention and correction of macroeconomic imbalances pursuant to Regulation (EU) No 1176/2011 of the European Parliament and of the Council ³ and the monitoring of adequate minimum wages pursuant to Directive (EU) 2022/2041 of the European Parliament and of the Council ⁴ require accurate information on the evolution of hourly labour costs and wage levels, on the coverage of collective pay agreements and on the share of workers covered by a minimum wage across Member States.