Sawford revisited

Bryan · Wednesday 24 October 2007 · 9:32 pm

The latest Consumer Price Index (CPI) figures are out so it is time to revisit the Sawford formula. The formula states that if two or more of the unemployment, inflation and interest rates rise over a full, three-year electoral cycle, the government will lose. Conversely, if two or more fall the government will be returned.

CPI inflation

RBA interest rate

Unemployment rate

Election dates are indicated in the above graphs by vertical red lines. You may need to hit the refresh or reload button on your browser to see the latest graphs.