Major factor behind the difference between inflation rates in Japan and the United States: the service sector  I would also like to compare and examine price developments in Japan and abroad.
For example, if we compare price developments in Japan and the United States, in Japan the year-on-year rate of change in the CPI was minus 0.2 percent on average between 1997 and 2011, while in the United States it was 2.4 percent, resulting in a gap of 2.6 percentage points.