diff --git a/terragrunt.yaml b/terragrunt.yaml
index 2f9dc6675a9..95cd445123e 100644
--- a/terragrunt.yaml
+++ b/terragrunt.yaml
@@ -1,6 +1,6 @@
 package:
   name: terragrunt
-  version: 0.47.0
+  version: 0.48.0
   epoch: 0
   description: Thin wrapper for Terraform providing extra tools
   copyright:
@@ -20,7 +20,7 @@ environment:
 pipeline:
   - uses: fetch
     with:
-      expected-sha256: ddc0171d1be0f603b4c2fe8cf51b4a2084477f4c0ebc13499d6ce92c492bce6b
+      expected-sha256: e46b550fbf58318fa0faef58cf6b0552025fd473f5789eb59cd479cfeec471f2
       uri: https://github.com/gruntwork-io/terragrunt/archive/refs/tags/v${{package.version}}.tar.gz
 
   - runs: |