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English definition of “forecast”

forecast

verb [T]
 
 
/ˈfɔːkɑːst/ (forecast, forecasted, forecast, forecasted)
to judge what is likely to happen in the future, based on information you have now: forecast a drop/growth/rise in sth The company still forecasts a 2% growth in house prices next year.forecast profits/revenue/sales Analysts forecast profits of €8.8m this year.be forecast to be sth Operating profits are forecast to be below previous expectations at $3m.forecast that The Chancellor is forecasting that inflation will remain on target at 2.5% in each of the next three years.
(Definition of forecast verb from the Cambridge Business English Dictionary © Cambridge University Press)
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