Meaning of the word "make forecast" in English

What does "make forecast" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

make forecast

US /meɪk ˈfɔːr.kæst/
UK /meɪk ˈfɔː.kɑːst/
"make forecast" picture

Collocation

to predict or estimate a future event or trend, especially regarding weather or finances

Example:
Economists are trying to make a forecast about the inflation rate for next year.
It is difficult to make an accurate forecast of the weather in this region.