Inflation in the European Union is still rising and at 11.5 % in October 2022. By that, it has climbed to a new record level. However, there are substantial differences between individual Member States. Whilst the inflation rate calculated by Eurostat, is only 7.1 % in France, it is Estonia at a rate of 22.5 % which shows the highest value. Austria, at an inflation rate of 11.5 % in October 2022, is exactly average. The reasons for these differences are manifold and not always easy to explain.