diff --git a/CHANGELOG.md b/CHANGELOG.md
index a253b878..bc6394ea 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -3,6 +3,11 @@ All enhancements and patches to Cookiecutter Django will be documented in this f
 
 <!-- GENERATOR_PLACEHOLDER -->
 
+## 2022.11.07
+
+### Updated
+- Update watchfiles to 0.18.1 ([#3938](https://github.com/cookiecutter/cookiecutter-django/pull/3938))
+
 ## 2022.11.06
 
 ### Changed
diff --git a/setup.py b/setup.py
index 1633d385..8100edc1 100644
--- a/setup.py
+++ b/setup.py
@@ -5,7 +5,7 @@ except ImportError:
     from distutils.core import setup
 
 # We use calendar versioning
-version = "2022.11.06"
+version = "2022.11.07"
 
 with open("README.rst") as readme_file:
     long_description = readme_file.read()