diff --git a/piq/__init__.py b/piq/__init__.py
index 899effb0..9676c55e 100644
--- a/piq/__init__.py
+++ b/piq/__init__.py
@@ -1,4 +1,4 @@
-__version__ = "0.5.3"
+__version__ = "0.5.4"
 
 from .ssim import ssim, multi_scale_ssim, SSIMLoss, MultiScaleSSIMLoss
 from .msid import MSID
diff --git a/piq/pieapp.py b/piq/pieapp.py
index 86d274f0..e373954d 100644
--- a/piq/pieapp.py
+++ b/piq/pieapp.py
@@ -119,7 +119,7 @@ class PieAPP(_Loss):
         .. [2] https://github.com/prashnani/PerceptualImageError
 
     """
-    _weights_url = "https://github.com/photosynthesis-team/piq/releases/download/v0.5.3/PieAPPv0.1.pth"
+    _weights_url = "https://github.com/photosynthesis-team/piq/releases/download/v0.5.4/PieAPPv0.1.pth"
 
     def __init__(
         self,