diff --git a/CHANGELOG.md b/CHANGELOG.md
index 28ed0461d46c..f2b719df86e1 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,10 +1,10 @@
-## 1.1.8 (Unreleased)
+## 1.1.8 (April 07, 2022)
 
 BUG FIXES:
 
-* cli: Fix missing identifying attributes (e.g. "id", "name") when displaying plan diffs with nested objects. [GH-30685]
-* functions: Fix error when `sum()` function is called with a collection of string-encoded numbers, such as `sum(["1", "2", "3"])`. [GH-30684]
-* When rendering a diff, Terraform now quotes the name of any object attribute whose string representation is not a valid identifier. [GH-30766]
+* cli: Fix missing identifying attributes (e.g. "id", "name") when displaying plan diffs with nested objects. ([#30685](https://github.com/hashicorp/terraform/issues/30685))
+* functions: Fix error when `sum()` function is called with a collection of string-encoded numbers, such as `sum(["1", "2", "3"])`. ([#30684](https://github.com/hashicorp/terraform/issues/30684))
+* When rendering a diff, Terraform now quotes the name of any object attribute whose string representation is not a valid identifier. ([#30766](https://github.com/hashicorp/terraform/issues/30766))
 * Terraform will no longer crash in the `terraform apply` phase if an error occurs during backend configuration. ([#30780](https://github.com/hashicorp/terraform/pull/30780))
 
 ## 1.1.7 (March 02, 2022)
diff --git a/version/version.go b/version/version.go
index 4f80397dfaa2..48c7625592df 100644
--- a/version/version.go
+++ b/version/version.go
@@ -16,7 +16,7 @@ var Version = "1.1.8"
 // A pre-release marker for the version. If this is "" (empty string)
 // then it means that it is a final release. Otherwise, this is a pre-release
 // such as "dev" (in development), "beta", "rc1", etc.
-var Prerelease = "dev"
+var Prerelease = ""
 
 // SemVer is an instance of version.Version. This has the secondary
 // benefit of verifying during tests and init time that our version is a