Storm Kristin threatens to cause inflation and shortages of materials and labour in construction

Monday, 2 February 2026RSS
Storm Kristin threatens to cause inflation and shortages of materials and labour in construction

Besides the urgent need for construction materials, Fernando Santo, former president of the Order of Engineers, says “a lot of labour will be needed for months.” The construction sector says it is willing to co-operate.

Context & Explainers

Inflation measures how much general prices rise over time, usually reported year‑on‑year to compare a month with the same month a year earlier. Portugal’s National Institute of Statistics (INE) estimated January inflation at 1.9% year‑on‑year, down 0.3 percentage points from December, which affects rents, wages and everyday purchasing power for residents.

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