Former Bank of Japan Deputy Governor Wakatabe Masazumi: Currently, Japan's inflation rate is about 3%, of which 1.4% is driven by energy and food costs, and the rest is driven by service prices and labor costs.

Former Bank of Japan Deputy Governor Wakatabe Masazumi: Currently, Japan's inflation rate is about 3%, of which 1.4% is driven by energy and food costs, and the rest is driven by service prices and labor costs.