Custom Labels can be deployed using the "CustomLabel" component type but in order to deploy their translations, you will need to use the "Translations" component type.
A zero-day snapshot can retrieve the translations component corresponding to the language.
The translations component has to be deployed as a whole, you cannot deploy the translation for a single custom label only e.g. in your snapshot you will not find a component like "CustomLabel_fi" for say the Finnish translation, you will find a component called "fi" that will contain all the Finnish translations for other labels also. You have to deploy this "fi" component as a whole.