Economic Updates: Sweden, US, Colombia, Peru, Indonesia

Sweden's economy is expected to contract in 2024 due to higher interest rates, weak household spending, and limited growth from export markets. The US job market has performed well, with a smaller-than-expected gain in jobs and a lower unemployment rate. Colombia's central bank raises its inflation outlook for 2023 due to persistent inflation concerns. Peru's largest lender, Credicorp, anticipates a surge in delinquent loans due to the country's recession. Indonesia's inflation rate remains within the central bank's target range for 2023.