diff --git a/settings.ini b/settings.ini
index 5678a38d0..f00bc7655 100644
--- a/settings.ini
+++ b/settings.ini
@@ -8,7 +8,7 @@ author = Nixtla
 author_email = business@nixtla.io
 copyright = Nixtla Inc.
 branch = main
-version = 1.0.0
+version = 1.1.0
 min_python = 3.7
 audience = Developers
 language = English
diff --git a/statsforecast/__init__.py b/statsforecast/__init__.py
index add0ea71c..8cfba960c 100644
--- a/statsforecast/__init__.py
+++ b/statsforecast/__init__.py
@@ -1,3 +1,3 @@
-__version__ = "1.0.0"
+__version__ = "1.1.0"
 __all__ = ['StatsForecast']
 from .core import StatsForecast