diff --git a/gradle/libs.versions.toml b/gradle/libs.versions.toml
index afd459a0fe..3e4168a881 100644
--- a/gradle/libs.versions.toml
+++ b/gradle/libs.versions.toml
@@ -92,7 +92,7 @@ caffeine = { module = "com.github.ben-manes.caffeine:caffeine", version.ref = "c
 cloudwatch2 = { module = "software.amazon.awssdk:cloudwatch", version.ref = "cloudwatch2" }
 colt = { module = "colt:colt", version.ref = "colt" }
 commonsPool2 = "org.apache.commons:commons-pool2:2.12.1"
-contextPropagation = { module = "io.micrometer:context-propagation", version = "1.1.2" }
+contextPropagation = { module = "io.micrometer:context-propagation", version = "1.1.3" }
 dagger = { module = "com.google.dagger:dagger", version.ref = "dagger" }
 daggerCompiler = { module = "com.google.dagger:dagger-compiler", version.ref = "dagger" }
 dropwizardMetricsCore = { module = "io.dropwizard.metrics:metrics-core", version.ref = "dropwizard-metrics" }