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Economics vocabulary · Economic News and Data

Beat expectations

Meaning in economics, with examples

phraseCommon term

In economics, beat expectations means: To be better or higher than economists and markets had predicted, used for data such as growth, jobs or company profits.

In Turkish: beklentileri aşmak, beklentilerin üzerinde gelmek

How it is used

Data are compared with the consensus forecast, the average of economists' predictions. Figures beat, meet or miss expectations, or come in above or below expectations. For inflation a higher figure is bad news, so reporters usually say above expectations instead.

Example sentences

  1. GDP growth beat expectations, rising 1.1% in the third quarter.

  2. The company's profits beat expectations despite weak sales.

Common collocations

  • comfortably beat expectations
  • miss expectations
  • meet expectations
  • consensus forecast
  • come in above expectations
  • forecastAn estimate of future economic figures, such as growth, inflation or unemployment, based on data and models; it is also used as a verb.
  • GDPShort for gross domestic product: the total value of all final goods and services produced within a country in a given period, usually a quarter or a year.
  • reviseTo change an earlier figure or forecast after new information becomes available, making it higher or lower.
  • outlookWhat is expected to happen to an economy, market or indicator in the coming months or years.

More terms: Economic News and Data

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