Inflation Concerns in Colombia, Delinquent Loans in Peru, and Inflation Data in Indonesia and Germany

Colombia's central bank raises its 2023 inflation outlook to 9.8% due to persistent inflation concerns. Peru's largest lender, Credicorp Ltd, reports a surge in delinquent loans due to the country's recession. Indonesia's monthly inflation rate in October is within the central bank's target range for 2023. Colombia's 12-month inflation forecast for October is expected to slow down, attributed to moderation in food and housing prices. German inflation fell more than expected in October due to lower energy prices.