I won't judge whether it's a problem or not, but certainly our rate was 4.7% year over year in the last release that we put out. When you compare that to, let's say, the OECD average, which is at 5.8% or 5.9%, you can see that there are many countries that are higher. The U.S., of course, has a rate quite a bit higher than ours, and then there are other countries—Switzerland, for example—that have a much lower rate than ours. By and large, we are in the middle of the pack with other G7 European countries, which have about the same rate as ours or are maybe even a little bit higher than we are.
On January 17th, 2022. See this statement in context.