diff --git a/lang/python/python3-version.mk b/lang/python/python3-version.mk
index cae1f22bb..25e47d9be 100644
--- a/lang/python/python3-version.mk
+++ b/lang/python/python3-version.mk
@@ -8,7 +8,7 @@
 # Note: keep in sync with setuptools & pip
 PYTHON3_VERSION_MAJOR:=3
 PYTHON3_VERSION_MINOR:=7
-PYTHON3_VERSION_MICRO:=6
+PYTHON3_VERSION_MICRO:=7
 
 PYTHON3_VERSION:=$(PYTHON3_VERSION_MAJOR).$(PYTHON3_VERSION_MINOR)
 
diff --git a/lang/python/python3/Makefile b/lang/python/python3/Makefile
index 6296ff7ae..12b1bc039 100644
--- a/lang/python/python3/Makefile
+++ b/lang/python/python3/Makefile
@@ -14,12 +14,12 @@ PYTHON_VERSION:=$(PYTHON3_VERSION)
 PYTHON_VERSION_MICRO:=$(PYTHON3_VERSION_MICRO)
 
 PKG_NAME:=python3
-PKG_RELEASE:=3
+PKG_RELEASE:=1
 PKG_VERSION:=$(PYTHON_VERSION).$(PYTHON_VERSION_MICRO)
 
 PKG_SOURCE:=Python-$(PKG_VERSION).tar.xz
 PKG_SOURCE_URL:=https://www.python.org/ftp/python/$(PKG_VERSION)
-PKG_HASH:=55a2cce72049f0794e9a11a84862e9039af9183603b78bc60d89539f82cf533f
+PKG_HASH:=06a0a9f1bf0d8cd1e4121194d666c4e28ddae4dd54346de6c343206599f02136
 
 PKG_MAINTAINER:=Alexandru Ardelean <ardeleanalex@gmail.com>, Jeffery To <jeffery.to@gmail.com>
 PKG_LICENSE:=Python/2.0