Core Viewpoint - The recent rise in consumer inflation in Japan is primarily driven by cost-push factors, particularly the increase in rice and food prices [1] Group 1 - The Bank of Japan's policy board member, Junko Koeda, highlighted that the inflation is not demand-driven but rather influenced by rising costs [1] - Specific commodities, such as rice and food items, have seen significant price increases contributing to the overall inflation [1]

Core Viewpoint - The recent inflation in Japan is primarily driven by cost-push factors, as stated by the Deputy Governor of the Bank of Japan, Masayoshi Amamiya [1] Group 1 - The Deputy Governor highlighted that the inflationary pressures are not solely due to demand but are significantly influenced by rising costs [1] - There is an emphasis on the need for careful monitoring of these cost factors to understand their impact on the overall economy [1] - The statement suggests that the central bank may need to adjust its policies in response to these inflationary trends driven by costs [1]