Consumers shop in Rosemead, California, on December 12, 2023. Frederic J. Brown | Afp | Getty Images The annual inflation rate edged higher in December following two months of declines. However, that reversal likely isn't cause for concern — and may be somewhat misleading, economists said. "We're still making progress in the inflation fight," said Sarah House, senior economist at Wells Fargo Economics. The consumer price index rose 3.4% last month relative to a year earlier, the U.S. Labor Department reported Thursday. That's a larger increase than the 3.1% in November and 3.2% in October . The index has fallen by half since…
