diff --git a/CITATION.cff b/CITATION.cff
index 64b0df3..1500a1b 100644
--- a/CITATION.cff
+++ b/CITATION.cff
@@ -6,4 +6,4 @@ authors:
   given-names: Kashif
 license: MIT
 repository-code: https://github.com/zalandoresearch/pytorch-ts
-version: 0.5.1
+version: 0.6.0
diff --git a/README.md b/README.md
index 968f851..ce89b09 100644
--- a/README.md
+++ b/README.md
@@ -120,7 +120,7 @@ To cite this repository:
     author = {Kashif Rasul},
     title = {{P}yTorch{TS}},
     url = {https://github.com/zalandoresearch/pytorch-ts},
-    version = {0.5.x},
+    version = {0.6.x},
     year = {2021},
 }
 ```
diff --git a/setup.py b/setup.py
index 87c474a..eeccb1c 100644
--- a/setup.py
+++ b/setup.py
@@ -2,7 +2,7 @@
 
 setup(
     name="pytorchts",
-    version="0.5.1",
+    version="0.6.0",
     description="PyTorch Probabilistic Time Series Modeling framework",
     long_description=open("README.md").read(),
     long_description_content_type="text/markdown",
@@ -16,7 +16,7 @@
     python_requires=">=3.6",
     install_requires=[
         "torch>=1.8.0",
-        "gluonts>=0.8.0",
+        "gluonts>=0.9.0",
         "holidays",
         "numpy~=1.16",
         "pandas~=1.1",