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Which explains why inflation in countires like Belgium, Spain, Denmark, Luxembourg are all under 2.5% as they famously don't use the Euro.

Denmark, yes, but the others use the euro.

I think GP was being sarcastic.

The DKK is loosely coupled with the Euro: https://en.m.wikipedia.org/wiki/Denmark_and_the_euro

As someone in Spain: those numbers are absolutely fake.

I obe it when something doesn’t fit a narrative so it’s decried as “fake news”

(That's the point they're trying to make btw)

That could be an explanation if the entire Eurozone were affected uniformly by inflation. It's not, though, and Austria is seeing the highest levels.

A big contribution to this is the government's policy of heavily subsidizing various costs: Energy, rent, even groceries were subsidized via various vouchers and payments for a while, and now there's even discussions of "capping interest rates" – of course inflation won't go down if the purchasing power remains inflated!

Note that I'm not concluding that this is necessarily a bad development: It might just be an effective way of redistribution – but only time will tell, and personally I'm glad to not be part of the experiment.

Capitalism can't fail it can only be failed