diff --git a/.gitlab-ci.yml b/.gitlab-ci.yml
index 3d015d0761d2a3ed218b7836761bc2e685bbfe98..1b95392b8a74e73fbe8a6f781f6c450861346acc 100644
--- a/.gitlab-ci.yml
+++ b/.gitlab-ci.yml
@@ -34,7 +34,7 @@ stages:
 
 .deploy:
   image:
-    name: 'europe-north1-docker.pkg.dev/holi-shared/docker-hub-remote/hashicorp/terraform:1.11.2'
+    name: 'europe-north1-docker.pkg.dev/holi-shared/docker-hub-remote/hashicorp/terraform:1.11.3'
     # default entrypoint is terraform command, but we want to run shell scripts
     entrypoint: ['/bin/sh', '-c']
   variables:
@@ -131,7 +131,7 @@ review_destroy:
   needs: ['review_deploy']
   stage: deploy
   image:
-    name: 'europe-north1-docker.pkg.dev/holi-shared/docker-hub-remote/hashicorp/terraform:1.11.2'
+    name: 'europe-north1-docker.pkg.dev/holi-shared/docker-hub-remote/hashicorp/terraform:1.11.3'
     # default entrypoint is terraform command, but we want to run shell scripts
     entrypoint: ['/bin/sh', '-c']
   variables:
diff --git a/.terraform-version b/.terraform-version
index ca7176690dd6f501842f3ef4b70bb32118edb489..0a5af26df3fdb942eedebe0384f46578cb03aa08 100644
--- a/.terraform-version
+++ b/.terraform-version
@@ -1 +1 @@
-1.11.2
+1.11.3