diff --git a/pom.xml b/pom.xml
index 6bfeea0871..aa8b1b1ac9 100644
--- a/pom.xml
+++ b/pom.xml
@@ -36,7 +36,7 @@
 	<properties>
 		<project.parent.version>${project.version}</project.parent.version>
 		<!-- Dependency versions -->
-		<spring-cloud-dependencies.version>2023.0.2</spring-cloud-dependencies.version>
+		<spring-cloud-dependencies.version>2023.0.3</spring-cloud-dependencies.version>
 		<spring-boot-dependencies.version>3.3.2</spring-boot-dependencies.version>
 		<spring-cloud-gcp-dependencies.version>${project.parent.version}</spring-cloud-gcp-dependencies.version>
 		<zipkin-gcp.version>2.2.4</zipkin-gcp.version>