diff --git a/development/mimir-monolithic-mode/docker-compose.yml b/development/mimir-monolithic-mode/docker-compose.yml
index 664cb1226b8..1b2ee9df476 100644
--- a/development/mimir-monolithic-mode/docker-compose.yml
+++ b/development/mimir-monolithic-mode/docker-compose.yml
@@ -111,7 +111,7 @@ services:
       - .data-mimir-2:/data:delegated
 
   otel-remote-write:
-    image: otel/opentelemetry-collector-contrib:0.115.1
+    image: otel/opentelemetry-collector-contrib:0.116.1
     profiles:
       - otel-collector-remote-write
     volumes:
@@ -126,7 +126,7 @@ services:
       - 55679:55679 # zpages extension
 
   otel-otlp:
-    image: otel/opentelemetry-collector-contrib:0.115.1
+    image: otel/opentelemetry-collector-contrib:0.116.1
     profiles:
       - otel-collector-otlp-push
     volumes: