diff --git a/NEWS b/NEWS
index 957843909..6a0211f65 100644
--- a/NEWS
+++ b/NEWS
@@ -1,3 +1,13 @@
+Overview of changes in GLib 2.47.3
+==================================
+
+The inline cleanup in the last release accidentally removed three
+symbols from libglib-2.0.so.  It is unlikely that this will have caused
+any problems because these symbols were only backup symbols for
+definitions exported as inlines in the header files, but ABI is ABI.
+
+This release corrects only this problem.
+
 Overview of changes in GLib 2.47.2
 ==================================
 
diff --git a/configure.ac b/configure.ac
index 3aca345ee..339defc8a 100644
--- a/configure.ac
+++ b/configure.ac
@@ -31,7 +31,7 @@ m4_define(glib_configure_ac)
 
 m4_define([glib_major_version], [2])
 m4_define([glib_minor_version], [47])
-m4_define([glib_micro_version], [2])
+m4_define([glib_micro_version], [3])
 m4_define([glib_interface_age], [0])
 m4_define([glib_binary_age],
           [m4_eval(100 * glib_minor_version + glib_micro_version)])