Global Economic Outlook: Sweden's Contraction, US Job Market, Colombia's Inflation Outlook, Peru's Delinquent Loans, and Indonesia's Inflation Rate

Sweden's economy is expected to contract further in 2024 due to higher interest rates, weak household spending, and limited growth from export markets. The US job market has performed better than expected, but inflation remains a concern. Colombia's central bank raises its inflation outlook due to persistent inflation concerns. Peru's largest lender, Credicorp Ltd, expects 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.