diff --git a/packages/editor/src/components/post-excerpt/index.js b/packages/editor/src/components/post-excerpt/index.js
index cdfb27c4631cc8..2555922f4e45ae 100644
--- a/packages/editor/src/components/post-excerpt/index.js
+++ b/packages/editor/src/components/post-excerpt/index.js
@@ -5,6 +5,7 @@ import { __ } from '@wordpress/i18n';
 import { ExternalLink, TextareaControl } from '@wordpress/components';
 import { useDispatch, useSelect } from '@wordpress/data';
 import { useState } from '@wordpress/element';
+import { decodeEntities } from '@wordpress/html-entities';
 
 /**
  * Internal dependencies
@@ -52,7 +53,9 @@ export default function PostExcerpt( {
 		[]
 	);
 	const { editPost } = useDispatch( editorStore );
-	const [ localExcerpt, setLocalExcerpt ] = useState( excerpt );
+	const [ localExcerpt, setLocalExcerpt ] = useState(
+		decodeEntities( excerpt )
+	);
 	const updatePost = ( value ) => {
 		editPost( { [ usedAttribute ]: value } );
 	};
diff --git a/packages/editor/src/components/post-excerpt/panel.js b/packages/editor/src/components/post-excerpt/panel.js
index 55952278d22476..f11317a78d4254 100644
--- a/packages/editor/src/components/post-excerpt/panel.js
+++ b/packages/editor/src/components/post-excerpt/panel.js
@@ -13,6 +13,7 @@ import { useDispatch, useSelect } from '@wordpress/data';
 import { useMemo, useState } from '@wordpress/element';
 import { __experimentalInspectorPopoverHeader as InspectorPopoverHeader } from '@wordpress/block-editor';
 import { store as coreStore } from '@wordpress/core-data';
+import { decodeEntities } from '@wordpress/html-entities';
 
 /**
  * Internal dependencies
@@ -173,7 +174,7 @@ function PrivateExcerpt() {
 	}
 	const excerptText = !! excerpt && (
 		<Text align="left" numberOfLines={ 4 } truncate>
-			{ excerpt }
+			{ decodeEntities( excerpt ) }
 		</Text>
 	);
 	if ( ! allowEditing ) {