UK inflation rise - what does it mean for me?

Getty ImagesThe UK inflation rate has gone up for the second month in a row, with prices rising at their fastest pace since March. What does it mean for you?What has happened to inflation?The main measure of inflation - looking at how much prices had risen over the previous 12 months - went up to 2.6%.That is a lot lower than its peak during the cost of living crisis. In 2022, inflation soared to 11.2% because…