diff --git a/introduction/welcome/changelog.xml b/introduction/welcome/changelog.xml
index 26c636a75c..0b7643e376 100644
--- a/introduction/welcome/changelog.xml
+++ b/introduction/welcome/changelog.xml
@@ -41,6 +41,10 @@
     <listitem>
       <para>January 24th, 2023</para>
       <itemizedlist>
+        <listitem>
+          <para>[bdubbs] - Update to gnumeric-1.12.54. Fixes
+          <ulink url="&blfs-ticket-root;17544">#17544</ulink>.</para>
+        </listitem>
         <listitem>
           <para>[bdubbs] - Update to goffice-0.10.54. Fixes
           <ulink url="&blfs-ticket-root;17541">#17541</ulink>.</para>
diff --git a/packages.ent b/packages.ent
index 89b2978666..be7f80dce6 100644
--- a/packages.ent
+++ b/packages.ent
@@ -887,7 +887,7 @@ to avoid building libxml2 twice, which is slow with all deps -->
 <!-- Part XI -->
 <!-- Chapter 39 -->
 <!ENTITY AbiWord-version              "3.0.5">
-<!ENTITY gnumeric-version             "1.12.53">
+<!ENTITY gnumeric-version             "1.12.54">
 
 <!ENTITY libreoffice-version          "7.4.4">
 <!ENTITY libreoffice-patch            ".2">
diff --git a/xsoft/office/gnumeric.xml b/xsoft/office/gnumeric.xml
index 9926c31628..5d807f5bb7 100644
--- a/xsoft/office/gnumeric.xml
+++ b/xsoft/office/gnumeric.xml
@@ -6,10 +6,10 @@
 
   <!ENTITY gnumeric-download-http "&gnome-download-http;/gnumeric/1.12/gnumeric-&gnumeric-version;.tar.xz">
   <!ENTITY gnumeric-download-ftp  "&gnome-download-ftp;/gnumeric/1.12/gnumeric-&gnumeric-version;.tar.xz">
-  <!ENTITY gnumeric-md5sum        "d771cd81e19441a3dc390b2b03cd1edf">
+  <!ENTITY gnumeric-md5sum        "2848a9ec14c8703ba19e358254d90fff">
   <!ENTITY gnumeric-size          "17 MB">
-  <!ENTITY gnumeric-buildsize     "330 MB (add 14 MB for tests)">
-  <!ENTITY gnumeric-time          "0.8 SBU (Using parallelism=4; add 3.5 SBU for tests)">
+  <!ENTITY gnumeric-buildsize     "245 MB (add 14 MB for tests)">
+  <!ENTITY gnumeric-time          "0.7 SBU (Using parallelism=4; add 5.3 SBU for tests)">
 ]>
 
 <sect1 id="gnumeric" xreflabel="Gnumeric-&gnumeric-version;">
@@ -138,8 +138,8 @@ make</userinput></screen>
     <para>
       To run the tests, issue <command>make check</command>.  Tests should be
       run from an active X session, and <xref linkend="dconf"/> should be
-      installed to prevent some failures.  Four tests are known to fail,
-      one due to a changed test file and three related to valgrind.
+      installed to prevent some failures.  Three tests are known to fail
+      related to valgrind.
     </para>
 
   </sect2>