diff --git a/requirements.txt b/requirements.txt
index 23d3855ae..ea6e2d356 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -1,7 +1,7 @@
-pandas==0.24.2
-numpy==1.16.2
-dateutils==0.6.6
-scipy==1.2.1
-matplotlib==3.0.3
-statsmodels==0.9.0
-xlrd==1.2.0  
+pandas==2.2.3
+numpy==2.1.3
+dateutils==0.6.12
+scipy==1.14.1
+matplotlib==3.9.3
+statsmodels==0.14.4
+xlrd==2.0.1  
diff --git a/requirements_dev.txt b/requirements_dev.txt
index 8d57d1a93..152e3aa4c 100644
--- a/requirements_dev.txt
+++ b/requirements_dev.txt
@@ -1,11 +1,11 @@
-pip==19.0.3
-bumpversion==0.5.3
-wheel==0.33.1
-watchdog==0.9.0
-flake8==3.7.7
-tox==3.8.6
-coverage==4.5.3
-Sphinx==2.0.1
-cryptography==2.6.1
-PyYAML==5.1
+pip==24.3.1
+bumpversion==0.6.0
+wheel==0.45.1
+watchdog==6.0.0
+flake8==7.1.1
+tox==4.23.2
+coverage==7.6.9
+Sphinx==8.1.3
+cryptography==44.0.0
+PyYAML==6.0.2