diff --git a/plugins/woocommerce-blocks/package-lock.json b/plugins/woocommerce-blocks/package-lock.json
index 88dbb2affcf..6dca763a331 100644
--- a/plugins/woocommerce-blocks/package-lock.json
+++ b/plugins/woocommerce-blocks/package-lock.json
@@ -6,7 +6,7 @@
 	"packages": {
 		"": {
 			"name": "@woocommerce/block-library",
-			"version": "7.6.0-dev",
+			"version": "7.7.0-dev",
 			"hasInstallScript": true,
 			"license": "GPL-3.0+",
 			"dependencies": {
@@ -26,7 +26,7 @@
 				"dinero.js": "1.9.1",
 				"downshift": "6.1.7",
 				"html-react-parser": "0.14.3",
-				"react-number-format": "4.9.1",
+				"react-number-format": "4.9.3",
 				"reakit": "1.3.11",
 				"snakecase-keys": "5.1.2",
 				"trim-html": "0.1.9",
@@ -41534,15 +41534,15 @@
 			}
 		},
 		"node_modules/react-number-format": {
-			"version": "4.9.1",
-			"resolved": "https://registry.npmjs.org/react-number-format/-/react-number-format-4.9.1.tgz",
-			"integrity": "sha512-v49XqXv7SpwYZKGkghNJjoDUr6lIUozlPLrObcxre7GfcLx7qD4TCvArn3GozN/Y4FVbLyEYCwJoBCiChdBh5A==",
+			"version": "4.9.3",
+			"resolved": "https://registry.npmjs.org/react-number-format/-/react-number-format-4.9.3.tgz",
+			"integrity": "sha512-am1A1xYAbENuKJ+zpM7V+B1oRTSeOHYltqVKExznIVFweBzhLmOBmyb1DfIKjHo90E0bo1p3nzVJ2NgS5xh+sQ==",
 			"dependencies": {
 				"prop-types": "^15.7.2"
 			},
 			"peerDependencies": {
-				"react": "^0.14 || ^15.0.0 || ^16.0.0 || ^17.0.0",
-				"react-dom": "^0.14 || ^15.0.0 || ^16.0.0 || ^17.0.0"
+				"react": "^0.14 || ^15.0.0 || ^16.0.0 || ^17.0.0 || ^18.0.0",
+				"react-dom": "^0.14 || ^15.0.0 || ^16.0.0 || ^17.0.0 || ^18.0.0"
 			}
 		},
 		"node_modules/react-outside-click-handler": {
@@ -82825,9 +82825,9 @@
 			}
 		},
 		"react-number-format": {
-			"version": "4.9.1",
-			"resolved": "https://registry.npmjs.org/react-number-format/-/react-number-format-4.9.1.tgz",
-			"integrity": "sha512-v49XqXv7SpwYZKGkghNJjoDUr6lIUozlPLrObcxre7GfcLx7qD4TCvArn3GozN/Y4FVbLyEYCwJoBCiChdBh5A==",
+			"version": "4.9.3",
+			"resolved": "https://registry.npmjs.org/react-number-format/-/react-number-format-4.9.3.tgz",
+			"integrity": "sha512-am1A1xYAbENuKJ+zpM7V+B1oRTSeOHYltqVKExznIVFweBzhLmOBmyb1DfIKjHo90E0bo1p3nzVJ2NgS5xh+sQ==",
 			"requires": {
 				"prop-types": "^15.7.2"
 			}
diff --git a/plugins/woocommerce-blocks/package.json b/plugins/woocommerce-blocks/package.json
index 3aab84e9d8c..a51e2700dfa 100644
--- a/plugins/woocommerce-blocks/package.json
+++ b/plugins/woocommerce-blocks/package.json
@@ -224,7 +224,7 @@
 		"dinero.js": "1.9.1",
 		"downshift": "6.1.7",
 		"html-react-parser": "0.14.3",
-		"react-number-format": "4.9.1",
+		"react-number-format": "4.9.3",
 		"reakit": "1.3.11",
 		"snakecase-keys": "5.1.2",
 		"trim-html": "0.1.9",