diff --git a/package-lock.json b/package-lock.json
index ade08c693fc96d..5b6ec5085b54b5 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -16610,7 +16610,7 @@
 				"change-case": "^4.1.2",
 				"classnames": "^2.3.1",
 				"colord": "^2.7.0",
-				"fast-average-color": "4.3.0",
+				"fast-average-color": "^4.3.0",
 				"lodash": "^4.17.21",
 				"memize": "^1.1.0",
 				"micromodal": "^0.4.10",
@@ -16686,8 +16686,8 @@
 				"@emotion/react": "^11.7.1",
 				"@emotion/serialize": "^1.0.2",
 				"@emotion/styled": "^11.6.0",
-				"@emotion/utils": "1.0.0",
-				"@floating-ui/react-dom": "1.0.0",
+				"@emotion/utils": "^1.0.0",
+				"@floating-ui/react-dom": "^1.0.0",
 				"@use-gesture/react": "^10.2.6",
 				"@wordpress/a11y": "file:packages/a11y",
 				"@wordpress/compose": "file:packages/compose",
diff --git a/packages/block-library/CHANGELOG.md b/packages/block-library/CHANGELOG.md
index 591c642d9ca50e..fe41dc065008a8 100644
--- a/packages/block-library/CHANGELOG.md
+++ b/packages/block-library/CHANGELOG.md
@@ -2,6 +2,10 @@
 
 ## Unreleased
 
+### Bug Fix
+
+-   Ensure all dependencies allow version ranges ([#43355](https://github.com/WordPress/gutenberg/pull/43355)).
+
 ## 7.12.0 (2022-08-10)
 
 ## 7.11.0 (2022-07-27)
@@ -18,7 +22,7 @@
 
 ### Enhancement
 
--   Declare blocks as __experimental in block.json to automate syncing Gutenberg packages to WordPress ([#40655](https://github.com/WordPress/gutenberg/pull/40655)).
+-   Declare blocks as \_\_experimental in block.json to automate syncing Gutenberg packages to WordPress ([#40655](https://github.com/WordPress/gutenberg/pull/40655)).
 
 ## 7.5.0 (2022-05-04)
 
diff --git a/packages/block-library/package.json b/packages/block-library/package.json
index 8bd388c6e9f66a..1a22fe7cf0823a 100644
--- a/packages/block-library/package.json
+++ b/packages/block-library/package.json
@@ -63,7 +63,7 @@
 		"change-case": "^4.1.2",
 		"classnames": "^2.3.1",
 		"colord": "^2.7.0",
-		"fast-average-color": "4.3.0",
+		"fast-average-color": "^4.3.0",
 		"lodash": "^4.17.21",
 		"memize": "^1.1.0",
 		"micromodal": "^0.4.10",
diff --git a/packages/components/CHANGELOG.md b/packages/components/CHANGELOG.md
index 7c088222c9b4c0..d2da776b33961b 100644
--- a/packages/components/CHANGELOG.md
+++ b/packages/components/CHANGELOG.md
@@ -12,6 +12,7 @@
 -   `Popover`: fix and improve opening animation ([#43186](https://github.com/WordPress/gutenberg/pull/43186)).
 -   `Popover`: fix incorrect deps in hooks resulting in incorrect positioning after calling `update` ([#43267](https://github.com/WordPress/gutenberg/pull/43267/)).
 -   `FontSizePicker`: Fix excessive margin between label and input ([#43304](https://github.com/WordPress/gutenberg/pull/43304)).
+-   Ensure all dependencies allow version ranges ([#43355](https://github.com/WordPress/gutenberg/pull/43355)).
 -   `Popover`: make sure offset middleware always applies the latest frame offset values ([#43329](https://github.com/WordPress/gutenberg/pull/43329/)).
 
 ### Enhancements
diff --git a/packages/components/package.json b/packages/components/package.json
index deeee6b65da696..e9e2c395dbf975 100644
--- a/packages/components/package.json
+++ b/packages/components/package.json
@@ -35,8 +35,8 @@
 		"@emotion/react": "^11.7.1",
 		"@emotion/serialize": "^1.0.2",
 		"@emotion/styled": "^11.6.0",
-		"@emotion/utils": "1.0.0",
-		"@floating-ui/react-dom": "1.0.0",
+		"@emotion/utils": "^1.0.0",
+		"@floating-ui/react-dom": "^1.0.0",
 		"@use-gesture/react": "^10.2.6",
 		"@wordpress/a11y": "file:../a11y",
 		"@wordpress/compose": "file:../compose",