As I previously mentioned, however, it will take some time for domestic demand to exhibit a distinct recovery, and supply-side factors such as the import of low-priced goods, technological advances, and deregulation are likely to remain forces pushing prices down. How wage declines affect service prices will also warrant attention.
Bearing these factors in mind, it will likely take a long period before various price indexes, especially CPI, turn positive on a year-on-year basis. In relation to this standard scenario, the Outlook Report identifies risk factors which might induce deviation both on the upside and downside.