Economic Outlook: Contraction in Sweden, Resilience in US Job Market, Inflation Concerns in Colombia, Delinquent Loans in Peru, and Inflation in Indonesia

Nordea Bank predicts a deeper contraction in Sweden's GDP in 2024 due to higher interest rates. The US job market shows resilience but concerns about inflation persist. Colombia's central bank raises its inflation outlook for 2023. Credicorp reports a surge in delinquent loans in Peru due to a recession. Indonesia's inflation rate remains within the central bank's target range.