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Re: One forecaster of the gemstone industry estimated that this [#permalink]
+1 D

is reliable the source?

In GMAT, usually "predict" is atttached to "will", not "would".
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Re: One forecaster of the gemstone industry estimated that this [#permalink]
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1. The issue here is comparison. The text is comparing the sales this year with the sales last year and not the year itself. Only D and E compare the sales with sales. So first kick out A, B, and C.

2.’Sales increases’ in D is a plural noun phrase, in fact, the object of the verb ‘has experienced’; though a bit backward, the expression is acceptable.

3. In addition the main clause is set in past tense (estimated and predicted) and hence we are bound to use 'would' rather than 'will'. In E, use of future perfect tense ‘will have reached’ along with ‘predicted’ is faulty. Hence D.
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Re: One forecaster of the gemstone industry estimated that this [#permalink]
+1 D. There is a comparison error. A,B and C compare the sales this year with last year, instead of last year's sales.



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