diff --git a/docs/requirements.txt b/docs/requirements.txt
index 354da779..7aedca92 100644
--- a/docs/requirements.txt
+++ b/docs/requirements.txt
@@ -10,7 +10,7 @@ beautifulsoup4>=4.9.3
 pulp>=2.4
 pyyaml>=5.4.1
 tables==3.9.1
-skforecast==0.11.0
+skforecast==0.12.0
 markupsafe==2.1.5
 Jinja2<3.2
 plotly>=5.6.0
diff --git a/requirements.txt b/requirements.txt
index a9cafa85..84a36928 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -10,7 +10,7 @@ h5py==3.11.0
 pulp>=2.4
 pyyaml>=5.4.1
 tables<=3.9.1
-skforecast==0.11.0
+skforecast==0.12.0
 # web server packages
 flask>=2.0.3
 waitress>=2.1.1
diff --git a/setup.py b/setup.py
index baef04a2..cf61777d 100644
--- a/setup.py
+++ b/setup.py
@@ -52,7 +52,7 @@
         'pulp>=2.4',
         'pyyaml>=5.4.1',
         'tables<=3.9.1',
-        'skforecast==0.11.0',
+        'skforecast==0.12.0',
         'flask>=2.0.3',
         'waitress>=2.1.1',
         'plotly>=5.6.0'