diff --git a/DemoApp/Podfile b/DemoApp/Podfile
index ff2b347c0a..bd4ab49b0a 100644
--- a/DemoApp/Podfile
+++ b/DemoApp/Podfile
@@ -17,7 +17,7 @@ platform :ios, '15.0'
 
 target 'DemoApp' do
   pod 'SwiftLint', '0.55.1'
-  pod 'SwiftFormat/CLI', '0.53.5'
+  pod 'SwiftFormat/CLI', '0.54.0'
 end
 
 post_install do |installer|
diff --git a/DemoApp/Podfile.lock b/DemoApp/Podfile.lock
index f5a4a1184b..88b49b7979 100644
--- a/DemoApp/Podfile.lock
+++ b/DemoApp/Podfile.lock
@@ -1,9 +1,9 @@
 PODS:
-  - SwiftFormat/CLI (0.53.5)
+  - SwiftFormat/CLI (0.54.0)
   - SwiftLint (0.55.1)
 
 DEPENDENCIES:
-  - SwiftFormat/CLI (= 0.53.5)
+  - SwiftFormat/CLI (= 0.54.0)
   - SwiftLint (= 0.55.1)
 
 SPEC REPOS:
@@ -12,9 +12,9 @@ SPEC REPOS:
     - SwiftLint
 
 SPEC CHECKSUMS:
-  SwiftFormat: 57d49d9a63f4249c625b1e623fb9fde0c30cae9d
+  SwiftFormat: 0e0b577434e6aa63bc82a8905b40d9597b8452d4
   SwiftLint: 3fe909719babe5537c552ee8181c0031392be933
 
-PODFILE CHECKSUM: 8bbb159095b662d9ea674fc3a2b1a5cac92288d9
+PODFILE CHECKSUM: 9d783b4c486476818ae012a2aa3b1094017440aa
 
 COCOAPODS: 1.15.2
diff --git a/THIRD_PARTY.md b/THIRD_PARTY.md
index d1e2b0fa11..d8cedccf5c 100644
--- a/THIRD_PARTY.md
+++ b/THIRD_PARTY.md
@@ -63,7 +63,7 @@ You may download the source code on the [following website](https://github.com/p
 
 ### SwiftFormat
 
-Version 0.53.5
+Version 0.54.0
 
 Copyright 2016 Nick Lockwood.