diff --git a/.gitlab-ci.yml b/.gitlab-ci.yml
index b027c59fb3eea93dccb5fb577a7436426f129bd9..fa754ddb277e0c952a83695e3f9fd5db89a06e87 100644
--- a/.gitlab-ci.yml
+++ b/.gitlab-ci.yml
@@ -41,7 +41,7 @@ build_docker:
 .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