diff --git a/configure.ac b/configure.ac
index aa54d809bc90f3df5a84caf3012a0f40101ffbc7..4e1e58b2ee8afbe97e75656202e0501bb7f98a1e 100644
--- a/configure.ac
+++ b/configure.ac
@@ -18,7 +18,7 @@ dnl You should have received a copy of the GNU General Public License
 dnl along with Dynare.  If not, see <https://www.gnu.org/licenses/>.
 
 AC_PREREQ([2.62])
-AC_INIT([dynare-preprocessor], [5.3])
+AC_INIT([dynare-preprocessor], [5.4])
 AC_CONFIG_AUX_DIR([build-aux])
 AC_CONFIG_SRCDIR([src/DynareMain.cc])
 AM_INIT_AUTOMAKE([1.11 -Wall -Wno-portability foreign no-dist-gzip dist-xz tar-pax])