Today, the production of mobile phones does not play a major role in the Finnish economy anymore, and the role of traditional paper production has also diminished. The sustainable bioeconomy has, however, given the Finnish forest industry a new lease of life. Various branches of technology-intensive industries have become more important in Finland, including healthtech, as well as various forms of cleantech.
Average WPI inflation was 9.6 per cent in fiscal year 2010/11, 8.9 per cent in 2011/12 and 7.5 per cent during the first ten months of 2012/13 (Chart-4).