diff --git a/defaults/main.yml b/defaults/main.yml
index bacf760..2fde87d 100644
--- a/defaults/main.yml
+++ b/defaults/main.yml
@@ -1,7 +1,7 @@
 ---
 # @var loki_version:description: Version of the release to install
 # renovate: datasource=github-releases depName=grafana/loki
-loki_version: 3.1.1
+loki_version: 3.2.0
 
 # @var loki_image:description: Docker image to use for deployment
 loki_image: "grafana/loki:{{ loki_version }}"