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.
Consumer Price Index (CPI) page 1 of 2. The consumer price index or CPI is a more direct measure than per capita GDP of the standard of living in a country. It is based on the overall cost of a fixed basket of goods and services bought by a typical consumer, relative to price of the same basket in some base year.