diff --git a/package/python-fastapi/python-fastapi.hash b/package/python-fastapi/python-fastapi.hash
index a514fe09e7..4c87c1a909 100644
--- a/package/python-fastapi/python-fastapi.hash
+++ b/package/python-fastapi/python-fastapi.hash
@@ -1,5 +1,5 @@
 # md5, sha256 from https://pypi.org/pypi/fastapi/json
-md5  b2126a9a8e4645e94cf07190d9a37bdd  fastapi-0.127.0.tar.gz
-sha256  5a9246e03dcd1fdb19f1396db30894867c1d630f5107dc167dcbc5ed1ea7d259  fastapi-0.127.0.tar.gz
+md5  eb8cc0ba48ade2ac08bf55c880a69fdd  fastapi-0.128.0.tar.gz
+sha256  1cc179e1cef10a6be60ffe429f79b829dce99d8de32d7acb7e6c8dfdf7f2645a  fastapi-0.128.0.tar.gz
 # Locally computed sha256 checksums
 sha256  4ec89ffc81485b97fec584b2d4a961032eeffe834453894fd9c1274906cc744e  LICENSE
diff --git a/package/python-fastapi/python-fastapi.mk b/package/python-fastapi/python-fastapi.mk
index 36b892c060..7f2ee7dd64 100644
--- a/package/python-fastapi/python-fastapi.mk
+++ b/package/python-fastapi/python-fastapi.mk
@@ -4,9 +4,9 @@
 #
 ################################################################################
 
-PYTHON_FASTAPI_VERSION = 0.127.0
+PYTHON_FASTAPI_VERSION = 0.128.0
 PYTHON_FASTAPI_SOURCE = fastapi-$(PYTHON_FASTAPI_VERSION).tar.gz
-PYTHON_FASTAPI_SITE = https://files.pythonhosted.org/packages/0c/02/2cbbecf6551e0c1a06f9b9765eb8f7ae126362fbba43babbb11b0e3b7db3
+PYTHON_FASTAPI_SITE = https://files.pythonhosted.org/packages/52/08/8c8508db6c7b9aae8f7175046af41baad690771c9bcde676419965e338c7
 PYTHON_FASTAPI_SETUP_TYPE = pep517
 PYTHON_FASTAPI_LICENSE = MIT
 PYTHON_FASTAPI_LICENSE_FILES = LICENSE