The Economic Bulletin provides regular commentary on the Portuguese economy, as well as articles by Banco de Portugal economists. It also contains a chronology of the major financial policy measures. From 2010 onwards each Bulletin presents macroeconomic projections for the Portuguese economy.
The spring issue of the Bulletin presents a signed article focusing on a relevant subject for the Portuguese economy, as well as an update of the macroeconomic projections of Banco de Portugal.
The summer issue of the Bulletin publishes detailed projections of Banco de Portugal for the Portuguese economy relative to the year in course and the subsequent year.
The autumn issue of the Bulletin publishes Banco de Portugal’s estimates for the Portuguese economy relative to the year in course. It also contains a box with an update of the macroeconomic projections of Banco de Portugal.
Finally, the winter issue of the Bulletin publishes detailed projections for the developments of the Portuguese economy relative to the year in course and the subsequent year.

The Annual Report and Accounts presents a detailed and comprehensive analysis of the Portuguese economy. The Report is divided into two Parts. Part 1 presents a detailed analysis of the developments of the Portuguese economy during the year, from a structural perspective and in comparison with other economies, with a special focus on the implications for the operation of the Portuguese economy arising from participation in the euro area. This part of the Report includes a set of Supplementary Tables covering relevant information for a longer period (in general 10 years) and with a more detailed breakdown than the main text. Part 2 presents the Report and Accounts of the Bank’s activities.

The Financial Stability Report evaluates emerging risks in the Portuguese markets and financial system, with a special focus on the banking system. The analysis involves the identification of adverse shocks and their probability of occurrence, as well as an evaluation of the consequences of such shocks for the stability of the financial system. The identification of risks implies not only an aggregate analysis of the indicators but also, where possible, of its distribution.
The analysis covers in particular the institutions subject to supervision by Banco de Portugal and is divided into two Parts: the first one covers, identifies and evaluates the major risks associated with the activity of financial institutions; the second Part contains articles signed by Banco de Portugal economists, on financial stability subjects.
From 2010 onwards the Financial Stability Report is published biannually. The Reports are published at the end of May and at the end of November, being identified by the month and year of release. It should be underlined that the assessment of the financial situation of the various sector of the economy published in the May Financial Stability Report is an important complement to the analysis published in the Annual Report. It should also be noted that the November Financial Stability Report basically corresponds to the text on the banking sector developments published in the autumn Economic Bulletin until 2009, continuing to be a complement to the analysis published in this bulletin.