diff --git a/terragrunt.yaml b/terragrunt.yaml
index beaf9e0618c..e88a5eee5ae 100644
--- a/terragrunt.yaml
+++ b/terragrunt.yaml
@@ -1,6 +1,6 @@
 package:
   name: terragrunt
-  version: 0.54.15
+  version: 0.54.16
   epoch: 0
   description: Thin wrapper for Terraform providing extra tools
   copyright:
@@ -20,7 +20,7 @@ environment:
 pipeline:
   - uses: fetch
     with:
-      expected-sha256: 839f3f64f31108c2322005ff506535f1d8395a7e6dec1ed0bc6e813f4391b9fe
+      expected-sha256: ef476f73035b7ba0168afcddea807cba62f9d9add80cbfd33acfcfa2e05d9790
       uri: https://github.com/gruntwork-io/terragrunt/archive/refs/tags/v${{package.version}}.tar.gz
 
   - uses: go/bump