Eurostat published today the indicators of the macroeconomic imbalance procedure (MIP) scoreboard.
The MIP scoreboard consists of 13 indicators relevant for the early detection of existing or emerging macroeconomic imbalances at EU member level. It provides statistical support to the annual alert mechanism report released by the European Commission at the start of the European Semester. The alert mechanism report identifies EU countries for which in-depth analyses are required, based on an economic reading of the scoreboard indicators, complemented by other auxiliary indicators.
In 2024, in line with the MIP Regulation 1176/2011, the set of MIP indicators was reviewed. The revision aimed to streamline the set of indicators for MIP surveillance, considering ongoing statistical quality improvements while preserving the scoreboard’s stability and relevance.
