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I have a dataset of the following structure:

  • daily sales data for the last 5 years
  • monthly economic trends (there is actually more)

The objective is to forecast sales on daily & monthly level for the next 6-12 months.

I would like to point out that the dataset below is fictional sample.

I am doing a thorough research on the topic, but I'd like to hear the opinions of the experts here - what is in your opinion appropriate method to forecast sales while using historical + macroeconomic trends data.

Thank you!

date sales GDP unemployment rate consumer price index
2018-01-01 12.465 2.9 5.3 2.1
2018-01-02 15.677 2.9 5.3 2.1
...
2018-02-01 18.322 3.1 5.2 2.9
...
2022-12-31 40.128 1.5 7.1 8.2
2023-01-01 14.337 1.3 7.4 5.9
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