Forecasting Personal Consumption expenditure: food

[Ringin Sherpa]

Hello,
I am forecasting PCE: food and I was wondering what is the best method to forecast. Would an autoregressive forecast be sufficient?

[Phil Bromiley]

Please follow the FAQ on asking questions - provide Stata code in code delimiters, readable Stata output, and sample data using dataex.

Your question is impossible to answer. The best forecasting method depends on a great many things - there is no generally best method. That said, for time series data, autoregressive models often predict well.