Modular programming is a software design technique that emphasizes separating the functionality of a program into independent, interchangeable modules, such that each contains everything necessary to execute only one aspect of the desired functionality.
So if the value of the price index for the current year is equal to 165, and last year's value was 150, the rate would be calculated as: Inflation rate = (165 - 150) X100= 10.
Return to Top of Table. A CPI of 195 indicates 95% inflation since 1982*, the commonly quoted inflation rate of say 3% is actually the change in the Consumer Price Index from a year earlier. The Annual on this table is the Average of the individual Inflation rates for that year.