Business 13 November 2012 Business quote of the day: inflation surprises Print HTML “The surprise for us was the extent of the food price increase" Ross Walker, UK economist at RBS, explains why the latest UK inflation figures show a sharp increase, and were worse than expected. The Treasury said the figures were “disappointing”, and Labour has called them “worrying.” Photograph: Getty Images › Memo to Fleet Street: it isn't just the BBC that makes mistakes Alex Hern is a technology reporter for the Guardian. He was formerly staff writer at the New Statesman. You should follow Alex on Twitter. Subscribe More Related articles The changing world of work Outlook for 2016 Is Kezia Dugdale's tax rise the beginning of an honest debate about tax?