diff --git a/configure.ac b/configure.ac
index 7554549..e1d8ffd 100644
--- a/configure.ac
+++ b/configure.ac
@@ -13,7 +13,7 @@
 #
 m4_define([libmodbus_version_major], [3])
 m4_define([libmodbus_version_minor], [1])
-m4_define([libmodbus_version_micro], [0])
+m4_define([libmodbus_version_micro], [1])
 
 m4_define([libmodbus_release_status],
     [m4_if(m4_eval(libmodbus_version_minor % 2), [1], [snapshot], [release])])