Meaning of “market forecast” in the English Dictionary

"market forecast" in Business English

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market forecastnoun [ C ]

uk us COMMERCE

a statement about what will probably happen in a particular market, used to help make business decisions:

In its latest market forecast, the airline said passenger traffic would grow three-fold between now and 2023.
market forecasting
noun [ U ]

(Definition of “market forecast” from the Cambridge Business English Dictionary © Cambridge University Press)