diff --git a/pkgs/development/python-modules/psycopg/default.nix b/pkgs/development/python-modules/psycopg/default.nix
index 7d7692018e80..3338ad86ce2e 100644
--- a/pkgs/development/python-modules/psycopg/default.nix
+++ b/pkgs/development/python-modules/psycopg/default.nix
@@ -35,13 +35,13 @@
 
 let
   pname = "psycopg";
-  version = "3.2.2";
+  version = "3.2.3";
 
   src = fetchFromGitHub {
     owner = "psycopg";
     repo = pname;
     rev = "refs/tags/${version}";
-    hash = "sha256-Udysl00lB6rxmQByME6PI3KL4tlzIZ0/CZNWLVKssS8=";
+    hash = "sha256-vcUZvQeD5MnEM02phk73I9dpf0Eug95V7Rspi0s6S2M=";
   };
 
   patches = [