diff --git a/.github/workflows/build.yml b/.github/workflows/build.yml
index f17359c..c1e526b 100644
--- a/.github/workflows/build.yml
+++ b/.github/workflows/build.yml
@@ -54,7 +54,7 @@ jobs:
         run: |
           echo LLVM_VERSION=$(git ls-remote https://github.com/llvm/llvm-project.git | grep 'refs/heads/main$' | awk '{print $1}') >> $GITHUB_OUTPUT
           echo MINGW_W64_VERSION=$(git ls-remote https://github.com/mingw-w64/mingw-w64.git | grep 'refs/heads/master$' | awk '{print $1}') >> $GITHUB_OUTPUT
-          echo PYTHON_VERSION_MINGW=$(git ls-remote https://github.com/msys2-contrib/cpython-mingw.git | grep 'refs/heads/mingw-v3.11.6$' | awk '{print $1}') >> $GITHUB_OUTPUT
+          echo PYTHON_VERSION_MINGW=$(git ls-remote https://github.com/msys2-contrib/cpython-mingw.git | grep 'refs/heads/mingw-v3.12.7$' | awk '{print $1}') >> $GITHUB_OUTPUT
           cat $GITHUB_OUTPUT
           cat $GITHUB_OUTPUT >> parameters.txt
       - uses: actions/upload-artifact@v4
diff --git a/build-python.sh b/build-python.sh
index b2c4a9a..4c18b86 100755
--- a/build-python.sh
+++ b/build-python.sh
@@ -17,8 +17,8 @@
 set -e
 
 : ${LIBFFI_VERSION:=v3.4.6}
-: ${PYTHON_VERSION:=v3.11.9}
-: ${PYTHON_VERSION_MINGW:=d6d38acc0d637e6dc2fe6b984664bdd460bd3d04}
+: ${PYTHON_VERSION:=v3.12.7}
+: ${PYTHON_VERSION_MINGW:=d21f60d4a8bb03e0309fe3907b104f1878059f90}
 
 unset HOST