diff --git a/hugo/cli.py b/hugo/cli.py
index 5a2cc37..3822ab4 100644
--- a/hugo/cli.py
+++ b/hugo/cli.py
@@ -14,7 +14,7 @@
 from sys import argv
 from sys import platform as sysplatform
 
-HUGO_VERSION = "0.123.6"
+HUGO_VERSION = "0.123.7"
 
 FILE_EXT = ".exe" if sysplatform == "win32" else ""
 
diff --git a/setup.py b/setup.py
index defc7df..a6e1ef6 100644
--- a/setup.py
+++ b/setup.py
@@ -12,18 +12,18 @@
 from setuptools.command.build_ext import build_ext
 from wheel.bdist_wheel import bdist_wheel, get_platform
 
-# Has to be kept in sync with the version in hugo/cli.py and incantation of setup()
-HUGO_VERSION = "0.123.6"
+# Has to be kept in sync with the version in hugo/cli.py
+HUGO_VERSION = "0.123.7"
 HUGO_RELEASE = (
     f"https://github.com/gohugoio/hugo/archive/refs/tags/v{HUGO_VERSION}.tar.gz"
 )
 # Commit hash for current HUGO_VERSION, needs to be updated when HUGO_VERSION is updated
 # Tip: git ls-remote --tags https://github.com/gohugoio/hugo v<HUGO_VERSION>
-HUGO_RElEASE_COMMIT_HASH = "92684f9a26838a46d1a81e3c250fef5207bcb735"
+HUGO_RElEASE_COMMIT_HASH = "312735366b20d64bd61bff8627f593749f86c964"
 # The pooch tool will download the tarball into the hugo_cache/ directory.
 # We will point the build command to that location to build Hugo from source
 HUGO_CACHE_DIR = "hugo_cache"
-HUGO_SHA256 = "203ff012fb017cd8eba491804b469d1b202f19f7885e6c65fbcffb40a7742a2f"
+HUGO_SHA256 = "d95c42f86952067c40d476fbea96b97046b7a657e99aed0c52c542b72cf7aac2"
 FILE_EXT = ".exe" if sys.platform == "win32" else ""
 
 # The vendor name is used to set the vendorInfo variable in the Hugo binary