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The phrase "also forecasts that" is correct and usable in written English.
You can use it when discussing predictions or expectations about future events or trends, often in reports or analyses.
Example: "The report also forecasts that the economy will grow by 3% next year."
Alternatives: "also predicts that" or "also anticipates that".
Exact(19)
It also forecasts that Brazil will lift itself out of recession.
The report also forecasts that the economy will expand 3.5percentto3.75percentcent, down from 4.2percentt last year.
IDC also forecasts that Android tablets will overtake Apple in sheer numbers this year - by 93m to 89m - and continue that dominance through the forecast period.
Enders also forecasts that internet-connected viewing – on smart TVs, PCs, smartphones and tablets – will rise from 1.5% of total viewing today to 5% by 2020.
The IEA also forecasts that if the world acts to cut fossil fuel use, fossil fuel prices (including the gas price) will stabilise or fall by 2030.
The analysis also forecasts that natural gas-fired power plants with carbon capture systems will serve as an important backup source of electricity if renewable energy supplies temporarily falter because of intermittent generation in wind or solar energy.
Similar(41)
The commission also forecast that Cyprus's economy would shrink 3.5 percent this year and 1.3 percent in 2014.
He also forecast that NBC Universal would increase its earnings by 10percentt in 2008.
Juniper also forecast that sales and earnings in the current quarter would top analysts' targets.
It also forecast that sales for the third quarter would be $93 million, down from the $104 million expected.
Mediate also forecast that more than a few players would challenge for the championship.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com