diff --git a/cluster-autoscaler/version/version.go b/cluster-autoscaler/version/version.go
index 8cc41b294bac..6734bf3f3fed 100644
--- a/cluster-autoscaler/version/version.go
+++ b/cluster-autoscaler/version/version.go
@@ -17,4 +17,4 @@ limitations under the License.
 package version
 
 // ClusterAutoscalerVersion contains version of CA.
-const ClusterAutoscalerVersion = "1.16.0"
+const ClusterAutoscalerVersion = "1.16.1"